Housing Credit is a topic of great relevance in Brazil, especially with the recent changes in housing finance policy.

The new legislation changes the financing ceiling, providing better conditions for families seeking to acquire their own home.

This article will address the main changes, including the increase in the financing ceiling, the allocation of resources from the Brazilian Savings and Loan System (SBPE), and the benefits for different income brackets, highlighting the impact of these measures on the Brazilian real estate market.

Overview of the New Housing Credit Policy

With the new guidelines, Brazil presents significant changes in its housing credit policy, aiming to mainly benefit families with incomes between R $ 12 thousand e R $ 29 thousand.

The most notable change is the increase in the maximum ceiling for financeable properties, which goes from R $ 1,5 million to R $ million 2,25.

This change substantially expands the possibilities for those seeking to finance higher-value properties.

Furthermore, the government establishes that 65% of the resources of the Brazilian Savings and Loan System (SBPE) are initially allocated to housing credit, with the goal of achieving 100% by 2027. These measures aim to optimize the use of savings and promote growth in the real estate market.

Complementing these actions, the government plans to immediately release $ 36,9 billion, ensuring that 80% of the resources applied in Housing Financing System (SFH) have a maximum interest rate of 12% per year.

This favors more accessible conditions for the population.

• High ceiling of financing
• Strategic allocation of SBPE resources
• Limited interest, providing accessibility

Increase in the Financing Ceiling to R$2,25 Million

The increase in the housing finance ceiling in Brazil R $ 1,5 million to R $ million 2,25 represents a significant change in the real estate market.

This measure, defined by the government, aims to expand access to credit and benefit a greater number of families.

With this change, more Brazilians will be able to acquire higher-value properties, especially benefiting families with incomes between R $ 12 thousand e R $ 29 thousand.

Furthermore, the government established that 65% of the resources of the Brazilian Savings and Loan System (SBPE) are allocated to housing credit immediately, with the goal of achieving 100% to 2027.

The influence of this policy is directly reflected in concrete benefits for citizens:

• Greater access to the middle class
• Acquisition of larger and better located properties
• Stimulating the real estate market

The new model also proposes the immediate release of $ 36,9 billion, making the acquisition process more accessible.

The maximum interest rate was set at 12% per year, ensuring more attractive financial conditions for buyers.

Allocation of SBPE Resources

O Brazilian Savings and Loan System (SBPE) plays a crucial role in real estate financing.

With the government's recent announcement, there will be a significant restructuring in the allocation of resources for housing credit.

Starting in 2024, 65% of SBPE resources will be mandatorily allocated to this purpose, with the goal of this index reaching 100% by 2027. This initiative aims to increase the supply of housing credit and ensure that a greater portion of the population has access to homeownership.

As implementation progresses, the expectation is that this transition will allow for greater investment in housing, ensuring better credit conditions for Brazilian families.

This is a strategic step in housing policy, thus promoting social and economic development.

Yes	% allocated
2024	65%
2027	100%

To learn more about the changes in real estate financing, check out the article at New real estate financing and explore the opportunities offered by Government real estate credit model.

Immediate Release of R$36,9 Billion

The recent release of $ 36,9 billion for housing credit in Brazil comes as a strategic measure to boost the real estate market in 2024. This significant contribution, as announced by the government, seeks to facilitate access to homeownership for families with a monthly income between R$12 and R$29, while also stimulating economic growth.

According to estimates, the measure should substantially boost the granting of new financing, directing a significant portion of the resources of the Brazilian Savings and Loan System (SBPE) to this purpose, with the goal of reaching 100% by 2027.

With the increase in the financing ceiling to R$2,25 million, the possibility of acquiring higher-value properties becomes more accessible, resulting in direct benefits for the Brazilian middle class.

The expectation is that the new conditions, which include a maximum interest rate of 12% per year for 80% of the resources invested in the Housing Financing System (SFH), will make the market more competitive and attractive to investors and buyers.This contribution will accelerate new contracts in 2024”, highlighted a real estate sector representative in a recent interview, emphasizing the positive impact of this immediate release.

For more details about the model, see The housing credit model.

By directing a large portion of resources to the housing market, the government hopes not only to boost the sector but also to promote significant social improvements, resulting in better housing conditions for thousands of Brazilians.

This strategy aims not only in the short term, but also in the long term, to strengthen the country economically and foster confidence in the financial market.

The initiative thus appears to be a crucial step in consolidating a more robust and equitable housing market.

Maximum Interest Rate of 12% per Year in the SFH

The Housing Finance System (SFH) in Brazil presents significant changes, directly impacting access to more affordable housing.

With the new policy, 80% of the resources allocated to the SFH will have an interest rate limited to 12% per year.

This modification aims to facilitate access to housing credit for families with incomes between 12 thousand and 29 thousand reais.

This financing model is especially relevant for the middle class, as it offers more sustainable financial conditions, allowing more families to realize their dream of owning their own home.

With these changes, an increase in property acquisition opportunities is expected.

Additionally, the new financing ceiling has increased to R$2,25 million, providing any new buyer with the option to acquire higher value properties with more attractive interest rates (Source: Brazilian Government), demonstrating the commitment to improving housing conditions in the country.

Benefits for Families with Income from R$12 to R$29

The new housing policy in Brazil brings significant benefits to families with incomes between R $ 12 thousand e R $ 29 thousand.

With the increase in the financing ceiling from R$1,5 million to R$2,25 million, these families can now access higher-value properties, expanding their housing options.

Furthermore, the requirement that 65% of the resources of the Brazilian Savings and Loan System (SBPE) be allocated to housing credit, with the target of 100% by 2027, promises improve access to finance.

An important aspect is the reduction of total effective cost financing, with 80% of the resources applied in the Housing Financing System (SFH) having a maximum interest rate of 12% per year.

This measure ensures that families pay less over time, making financing more affordable.

The immediate release of R$36,9 billion will also facilitate the flow of credit, promoting the acquisition or improvement of housing.

Housing Credit is therefore a central issue today, and the new guidelines bring hope to many families.

With measures aimed at facilitating access to home ownership, the housing sector is expected to be strengthened and the national economy stimulated.