President Dilma Rousseff’s government is increasing funding for the landmark Minha Casa Minha Vida (My House My Life) program by R$1 billion in 2014. The move, which will funnel R$15.77 billion into the government-sponsored housing credit initiative, according to O Globo, is an attempt to shore up support for Rousseff in an election year.
The report indicates that, at a time when support for Bolsa Família (Family Scholarship) is high among other candidates, the Workers’ Party (PT) president can no longer rely on the ten-year-old conditional cash transfer program to generate excitement and electoral support as she seeks reelection this November. Bolsa Família, enacted by Rousseff’s predecessor, Luiz Inácio Lula da Silva, in 2003, is largely credited for lifting millions of Brazilians out of extreme poverty in the last decade.
Its supporters point to Bolsa Família’s fame as one of the most effective poverty-reduction programs in the world. To its harshest critics, it is a vote-buying scheme that creates clientelism. Ensuring that Bolsa Família is maintained is said to have been key to securing the victory of Workers’ Party candidates in the last two presidential elections.
President Rousseff’s opposition is now labeling her effort to increase Minha Casa Minha Vida funds as opportunism.
“There’s a great electoral opportunism in making a one R$1 billion reinforcement in the program in an election year. The government uses the weaknesses of the poorest population to perpetuate itself in power. But that bill will be paid by society one day, because they are creating a huge bubble, the degree of bankruptcy is very high,” warned Senator Cássio Cunha Lima from Brazil’s Social Democracy Party (PSDB).
Yet in November 2013, PSDB’s presidential candidate, Aécio Neves, introduced a bill in the Senate that would guarantee Bolsa Família would not be repealed by other governments.
Rousseff’s government is hoping 3.5 million homes will be finished between 2015 and 2018, an increase from the 2.7 million houses completed during phase two of Minha Casa Minha Vida that draws to a close this year. Rousseff had initially proposed three million homes for the third phase of the program.
“Those who are against extending the resources of Minha Casa Minha Vida for 2014 are the same who voted against the creation of the program back then,” PT leader José Guimarães told O Globo. The public housing program was enacted by Lula in 2009. Over one million homes have been completed and delivered since its start. As Bolsa Família, Minha Casa Minha Vida is popular among low income Brazilians and enjoys wide support from the larger population.
The program provides financing so that those households making under three times the minimum wage can buy their first home with low interest loans. It is meant to influence the housing market so that it offers an adequate supply of affordable houses to low-income prospective homeowners.
O Globo reported that Rousseff has asked her ministers to address the flaws that the program’s opponents might rail against during her reelection campaign this year. Minha Casa Minha Vida has been marked by fraud scandals and by accusations of delivering inadequate, poor quality homes. The government is hoping to quickly finish the second phase’s technical studies so that it can use the project’s successes in its campaign.
EcoHouse Group currently have a number of minha casa minha vida developments underway throughout Brazil and are able offer safe, secure and ethical Brazilian Property Investment direct.
Showing posts with label Dilma Rousseff. Show all posts
Showing posts with label Dilma Rousseff. Show all posts
Wednesday, 15 January 2014
Monday, 14 October 2013
Brazilian State of Bahia would benefit from EcoHouse Group and Minha Casa Minha Vida
As the Minha Casa Minha programme enters its fourth year it has become apparent that the programme will get extend at least until 2016, President Dilma has more or less confirmed this during recent speeches. This news means that more areas will reap the benefits of the programme. As each area awaits news one of the largest Minha Casa Minha Vida developers in Brazil, EcoHouse Group is tight lipped regarding the locations of any future projects. Here's a little more info on the state of Bahia
Bahia is not one of the very largest states in Brazil but it’s certainly pretty big. The exact size is something over half a million square Kilometres which makes it about twice the area of the United Kingdom or about the same as France. The population of fourteen million however is much less than either (and is only about double the size of London). Of these, about 2.5 million live in the Salvador area of the State capital. Other important cities in the State are Feira de Santana (600,000 people), Vitoria da Conquista (300,000) and Camaçari ( 250,000)
The state is on the Atlantic coast of Brazil. As mentioned above, its capital is the city of Salvador, also on the coast, where the Atlantic meets the Bay of All Saints (in Portuguese; ‘Bahia de Todos os Santos’) which of course is where the name of the whole state originates. By the way, the site of the city was first glimpsed by exploring sailors from Europe in the year 1501. The state is geographically divided into two main regions by the north-south mountain range known as Chapada Diamantina. Nowadays the eastern coastal areas of the state are much more developed than the interior.
There are several reasons for this. For a start, the natural vegetation of much of the Atlantic seaboard is coastal forest, one of the largest remaining such parts of Brazil. The land is comparatively very fertile. Consequently in cleared areas the main crops of sugar and tobacco have always done well in the plentiful rainfall although these products are rather less important than they once were. These days soybean growing is a really large part of cultivation.. Similarly, Bahia is now (and has been for some time) the country’s largest producer and exporter of cacao, often known as cocoa and of course the basic ingredient of chocolate. But agriculture these days only accounts for about ten per cent of Bahia State’s GDP. Roughly speaking the industrial component comprises around 50% and the service sector 40%.
Industries are diverse and tend to focus on petrochemical and metallurgical products. An increasing part of this is the automotive industry. Other developing concerns in the economic mix are textiles, clothing and footwear as well as cosmetics and food processing. In the new 21st century Bahia is generally regarded as doing better economically than many other parts of Brazil. As a result of this, many administrators believe that inward immigration from other parts of Brazil will soon increase drastically.
Bahia is not one of the very largest states in Brazil but it’s certainly pretty big. The exact size is something over half a million square Kilometres which makes it about twice the area of the United Kingdom or about the same as France. The population of fourteen million however is much less than either (and is only about double the size of London). Of these, about 2.5 million live in the Salvador area of the State capital. Other important cities in the State are Feira de Santana (600,000 people), Vitoria da Conquista (300,000) and Camaçari ( 250,000)
The state is on the Atlantic coast of Brazil. As mentioned above, its capital is the city of Salvador, also on the coast, where the Atlantic meets the Bay of All Saints (in Portuguese; ‘Bahia de Todos os Santos’) which of course is where the name of the whole state originates. By the way, the site of the city was first glimpsed by exploring sailors from Europe in the year 1501. The state is geographically divided into two main regions by the north-south mountain range known as Chapada Diamantina. Nowadays the eastern coastal areas of the state are much more developed than the interior.
There are several reasons for this. For a start, the natural vegetation of much of the Atlantic seaboard is coastal forest, one of the largest remaining such parts of Brazil. The land is comparatively very fertile. Consequently in cleared areas the main crops of sugar and tobacco have always done well in the plentiful rainfall although these products are rather less important than they once were. These days soybean growing is a really large part of cultivation.. Similarly, Bahia is now (and has been for some time) the country’s largest producer and exporter of cacao, often known as cocoa and of course the basic ingredient of chocolate. But agriculture these days only accounts for about ten per cent of Bahia State’s GDP. Roughly speaking the industrial component comprises around 50% and the service sector 40%.
Industries are diverse and tend to focus on petrochemical and metallurgical products. An increasing part of this is the automotive industry. Other developing concerns in the economic mix are textiles, clothing and footwear as well as cosmetics and food processing. In the new 21st century Bahia is generally regarded as doing better economically than many other parts of Brazil. As a result of this, many administrators believe that inward immigration from other parts of Brazil will soon increase drastically.
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