Minha Casa Minha Vida Development

By Samuel Elliott Novacich, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Minha Casa Minha Vida (My House My Life) the massive public housing campaign launched by the Brazilian Federal Government in March of 2009, has been kicked into overdrive. Originally showcased with a federal subsidy of R$34 billion and a plan of building one million low-cost units throughout the country by 2014, Minha Casa Minha Vida now has more than twice the budget, a federal subsidy of R$72 billion.

With increased funding, the federal government is also expecting double the output, forecasting the construction of two million units . . .

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