The report by Congressman Fernando Marangoni (União-SP), which stipulates the re-emergence of financing for families benefiting from the Minha Casa, Minha Vida program to purchase household appliances, was endorsed this Thursday (1st) by the joint committee that is evaluating the Provisional Measure (MP) regarding the reinstallation of the program.
Caixa Econômica Federal is no longer the only institution to administer the program, as decided by Marangoni. With the change, private banks, digital banks and credit unions can participate in the initiative. However, the MP needs to be sanctioned by the plenary sessions of the Chamber of Deputies and the Senate by June 14 to come into effect.
Eletros (National Association of Manufacturers of Electronic Products) is one of the organizations that advocates this issue. The association suggests that the housing plan include resources for the acquisition of white goods, such as stoves, refrigerators and washing machines.
Demand for white goods is at its lowest level in 10 years, according to information released by Eletros. Whirlpool, a home appliance manufacturer that owns the Brastemp, Consul and KitchenAid brands, is also in favor of the proposal.
According to material made available to the press, Eduardo Vasconcelos, director of Institutional and Government Relations at Whirlpool for Latin America, stated that the measure will have a positive impact on the economy, through the creation of jobs, income generation and increased revenue in the sector.
What are white goods?
The term “white goods” is used to describe a group of large household appliances, typically found in the kitchen and laundry room. The origin of the term is probably related to the fact that many of these devices were traditionally produced in white.
White goods include:
- Refrigerators and freezers;
- Stoves and ovens;
- Clothes washers and dryers;
- Dishwasher;
- Microwave.
These appliances are commonly seen as essential in a modern home, thanks to the functionality and comfort they provide. In addition, many of them feature cutting-edge technology, offering energy efficiency, digital programming, internet connectivity, among others.
My Home My Life: how does the program work?
Minha Casa, Minha Vida is a government housing program launched in 2009 to help low-income families obtain their own housing. In 2023, the program returned with new guidelines, allowing more people to get involved.
The current plan is to deliver 2 million homes by 2026. This is undoubtedly a great opportunity for those looking to stop paying rent. Previously, only families with an income of up to R$1,800 per month were eligible to apply.
Now, families with incomes of up to R$2,640 per month can qualify for Band 1. The program allows the purchase of ready-made or off-plan homes, both in urban and rural areas. The value of the property varies according to the location, but generally ranges between R$230 and R$240 thousand.
Families headed by women and women in vulnerable situations are among the priorities to receive the program's benefits.
Income ranges for My House My Life
Minha Casa, Minha Vida is intended for urban families with a monthly income of up to R$1,000, divided into the following ranges:
- Urban Band 1: monthly gross family income up to R$ 2,640;
- Urban Band 2: monthly gross family income from R$ 2,640.01 to R$ 4.4 thousand;
- Urban Band 3: monthly gross family income from R$ 4,400.01 to up to R$ 8,000.
And for rural properties:
- Rural Band 1: annual gross family income up to R$ 31,680;
- Rural Band 2: annual gross family income from R$ 31,680.01 to R$ 52.8 thousand;
- Rural Band 3: annual gross family income from R$ 52,800.01 to R$ 96 thousand.
How to sign up for My Home, My Life 2023?
The way to register for the current Minha Casa, Minha Vida program varies according to the income bracket that the family falls into.
Track 1
Families included in Band 1 of the program have their registration carried out through the City Hall of the city where they live. Therefore, the first step is to sign up for the local government's housing plan.
After registration, the data will be evaluated according to the criteria established by the Ministry of Cities. If there are not enough homes for all the families approved in this analysis, they will participate in a draw.
The winners will be informed about the date and other information necessary to sign the property purchase and sale contract.
To encourage this group to purchase their own home, the Union provides a subsidy, which is a financial aid. In some cases, the government subsidy can reach 95%, that is, the family pays only 5% of the total amount.
Track 2 and 3
Families with a monthly income of R$2,640.01 to R$8,000 should contact an institution or developer linked to the Minha Casa, Minha Vida program, or speak directly to Caixa. In this case, it is necessary to have already chosen the property.
On the Caixa website, you can run a simulation to find out details about payment terms and conditions, considering the down payment amount and the interest to be paid.
Once the simulation has been approved, you must go to a Caixa branch with the necessary documentation. After the institution analyzes the documentation, the family can receive the financing contract.
List of required documents
If you fit the profiles above and can finance through Minha Casa, Minha Vida, you must present some documents, such as:
Personal documents (for all tracks):
- Identity document;
- CPF;
- Updated proof of residence;
- Proof of income, and;
- Proof of marital status;
- Income tax return.
For those in Band 2 and 3, it is also necessary to gather the property documents in the following situations:
Property documents when already built:
- Definitive deed or purchase and sale agreement;
- Certificate of municipal, state and federal debts (such as IPTU, IPVA and INSS), and;
- Updated property registration.
Property documents when under construction:
- Building permit,
- Proof of project approval,
- Updated work registration,
- Descriptive memorial,
- Proof of payment of municipal taxes and fees, and;
- Technical Responsibility Note (ART).
