Brazil Minha Casa housing program expansion

In late July 2026 Brazil’s Federal Savings Bank (FGTS) council approved higher income limits for the Minha Casa, Minha Vida program, extending eligibility to families earning up to R$13,000 per month and raising maximum financed property values for the upper brackets (R$400,000 for Faixa 3 and R$600,000 for Faixa 4). A proposal from the Brazilian Association of Real Estate Developers (Abrainc) seeks to further widen the program, suggesting an income ceiling of R$21,000 and financing caps of R$1.2 million, with tiered interest rates that could add up to 70,000 new units by 2026. The changes await publication in the Official Gazette.

A few days later, Caixa Econômica Federal announced plans to increase its housing‑loan origination to R$260 billion for 2026, keeping strong credit flow to low‑income projects under the same program. Analysts noted that the market’s recent price drop—about 15‑19% in July—offers buying opportunities for builders such as Tenda, Cury, and Direcional Engenharia, which are positioned to benefit from the expanded financing capacity.