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Brazil plans to build 2 million low-income housing units by 2026

The Brazilian government plans to build two million low-income housing units by 2026 through the "My House, My Life" program, announced the Ministries of Cities and Finance in an ordinance published today, Thursday.

The housing will be financed with resources from the general State budget and the Time of Service Guarantee Fund, which collects corporate contributions such as unemployment insurance.

"The target will be distributed according to the housing needs of the country's geographic regions and other available official indicators, admitting its reallocation according to qualified demand," the ordinance added.

The return of the "My House, My Life . . .

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