From the National Housing Bank (NHB) to the Minha Casa Minha Vida Program (PMCMV): characteristics of brazilian housing policy

The purpose of this article is to analyze the characteristics of housing policy in Brazil, with the creation of the National Housing Bank - BNH and the Minha Casa Minha Viva Program - PMCMV. The methodological procedures used were bibliographical and documentary reviews. The bibliographical research was based on authors who discuss national housing policy, financial capital and the production of affordable housing. The documentary research was based on access to demographic census data available on the website of the Brazilian Institute of Geography and Statistics (IBGE), which was used to create tables and graphs. Information on federal investments was obtained from the Transparency Portal website. The PMCMV targets explained in the table were taken from the Ministry of Cities website. The results show that although the main objective of Brazil's housing policies was to reduce the housing deficit for the lower income class, in practice this was not the case. Both the policy that created the BNH in 1964 and the current policy that instituted the PMCMV in 2009 have offered a greater number of loans to other income classes, distorting their main focus.