On the last 25th, a new Law was published in the Official Gazette (DOU) that increases the deadline for repaying the financing of the program Green and Yellow House. Therefore, from now on, citizens who opt for the housing program will have up to 35 years to complete the payment of the debt. Keep reading and learn more about it.
Read more: New national RG: Identification now has physical and digital models
see more
Confirmed: Samsung really is producing foldable screens for…
China conducts experiments with zebrafish on the space station…
Casa Verde e Amarela is a Federal Government housing program whose objective is to facilitate access to home ownership for millions of Brazilian families, especially low-income ones. The financing interest rates vary according to the family income range and the location of the property.
For some time now there has been an appeal from people for the deadline for payment of the program's installments to be longer. So far, the period allowed is up to 30 years, however, with Law No. 14,438, of 2022, the period may be extended to up to 35 years.
With the 5-year increase in the term for repayment of the financing, what is expected is that the installments will be lower and thus more families will be able to fit in the financing. In this way, this is an action that aims to help people who are having difficulty obtaining financing for a property within the program.
In addition, another change foreseen in the new law is that the balance of the Severance Indemnity Fund (FGTS) can be used as guarantee for payment of financing installments, which is responsible for 99.9% of financing made through Caixa Econômica Federal.
A determination by the FGTS council increased the gross monthly family income limit for financing to be carried out through the program. Thus, range 1, whose ceiling was between R$ 2,400.00 and R$ 2,600.00, changed to R$ 3,000.00, but maintaining the floor at R$ 2,400.00. The increase was also approved in the upper ranges. As a result, in the intermediate group, the range from R$ 2,600.00 to R$ 4,000.00 increased to R$ 3,000.00 to R$ 4,000.00. Finally, in the last range, the limit was from R$ 4,000.00 to R$ 7,000.00 and increased to R$ 4,400.00 thousand to R$ 8,000.00.