Casa Verde e Amarela Program – How to conquer Home Ownership 2021

Casa Verde e Amarela 2021 was created to replace the famous Minha Casa Minha Vida housing program, and according to the government, it aims to bring new benefits to those who dream of having their own home in a dignified manner.

The change plan was approved by the Chamber of Deputies in December 2020 and the Senate is still voting for the application of the program.

The initiative was conceived by the Jair Bolsonaro government to end the MCMV created in 2009 during the administration of former President Luiz Inácio Lula da Silva.

According to data released by the program itself, by the end of 2021, all businesses involving housing benefits will be managed by the federal government through the Casa Verde e Amarela program.

Thus, many people have already started looking for information on how to conquer their own home in 2021 with this benefit and what will need to be done to fit the plan.

What are the differences between Minha Casa Minha Vida and Casa Verde e Amarela?

The biggest difference between the two plans is in the lower range of the Minha Casa Minha Vida plan, which has no interest and serves families with incomes of up to R $ 1,800.

In the case of Casa Verde e Amarela 2021, the poorest households will become part of the first group, from 4,25%.

For rural families in Brazil, the rules are different. In this case, household members earning up to R $ 84,000 per year can participate.

Another significant change found in Casa Verde e Amarela is linked to citizens of the North and Northeast regions, which includes lower interest rates.

Finally, another difference between the two programs is that Casa Verde e Amarela can now be won in the name of the woman in the family, which will ensure the well-being of her and her children in the event of separation or divorce.

Registration Casa Verde e Amarela 2021

According to CAIXA, in order to enroll in Casa Verde e Amarela 2021, families must buy that do not have a monthly income of more than 7,000 reais.

This contract can be made individually, through construction companies or even through entities linked to projects financed by public banks.

After registering with CAIXA, citizens will obtain the best financing conditions and, at the end of the analysis process, it is necessary to wait for the documents to be approved.

Finally, the last step is to sign a financing contract with the support of Casa Verde e Amarela 2021.

Use of FGTS in Casa Verde e Amarela 2021

The two federal government benefits through CAIXA can help workers realize their dream of owning their own home.

When buying a house, the FGTS can be used in three different ways:

Purchase of real estate and construction: the FGTS balance can be used as a down payment on the financing at the time of contracting

Amortization or liquidation of the outstanding balance: The FGTS balance can be used to pay off all or part of your debts.

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Pay part of the installment amount: You can use FGTS to reduce the installment amount by up to 80% in 12 consecutive months. Casa Verde e Amarela 2021 is used to reduce the interest that citizens must pay when signing a home financing contract with CAIXA.

Contacts Box for questions about the program

Are you interested in the Casa Verde e Amarela program and want to know how to acquire your own home with this government help?

The main step is to get in touch with CAIXA and ask any questions related to Casa Verde e Amarela 2021, call 0800 726 0101 or find an agency closer to your residence.