Casa Verde e Amarela Program undergoes changes; check out

To further expand the use of the Casa Verde e Amarela program, the Federal Government established new rules for the largest housing complex in the country. The goal is to increase the number of people served by 30%. Check out more information about this program and its latest changes.

Read more: Green and Yellow House Program: Find out who can participate

The purpose of the Casa Verde e Amarela Program

With a proposal for a housing project, the Casa Verde e Amarela program emerged to replace the MCMV (Minha Casa Minha Vida). This program has the lowest interest rates, in addition to helping more than 1 million Brazilians to buy their apartments with financing.

Compared to other housing projects, Casa Verde e Amarela stands out for the following factors:

• Building works and land regularization measures;
• Segment your audience into three different groups (1, 2, and 3).

The federal government understands that the program is not necessarily new and has introduced a series of measures to improve existing housing programs and diversify the catalog offered.

The Provisional Measure (MP) that creates the Casa Verde e Amarela program was signed by the President of the Republic and sent to the National Assembly for voting. This means that Congress can still evaluate the measure and suggest changes. Check out the new program rules below.

New program rules

To ensure the adhesion of more families, the government allowed a lower interest rate on Casa Verde e Amarela. In addition, subsidies for the program have also increased, with an annual investment of 8.5 billion reais until 2024.

Project beneficiaries were divided into groups based on family income. Watch:

• Group 1: families with total income of up to R$ 2,400;
• Group 2: families with total income between R$2,401 and R$4,000;
• Group 3: families with total income between R$4,001 and R$7,000.

Refurbishment of properties worth up to R$50,000 was also authorized. In addition, families with a member who has a disability (PwD) can also apply for funding.