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By Katya Gubarev, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The rental market in the favela community of Rocinha is about to expand after the 144-unit apartment complex built by the government’s PAC, Programa de Aceleração do Crescimento (Program of Growth Acceleration) was inaugurated on December 21, 2010.

These new homes are starting to change the dynamic of the housing market in Rocinha, which like most favelas, primarily exists as illegally built, Subscribe to our Premium Membership Plan. Already Subscribed?