Disputes, design and application of resources from the Guarantee Fund for Length of Service between 1998 and 2017

Abstract

The main goal of this study is to analyze the disputes, the design and the application of resources from the Guarantee Fund for Length of Service (FGTS) destined to housing loans between 1998 and 2017. The analysis shows that the fund played a key role in providing housing for the low-income population in this period, especially by granting subsidies for this purpose. The creation of housing subsidies in 1998 was followed by an expansion of this type of resources. The 2000s have seen an increase in these subsidies, especially with resolution no. 460 of CCFGTS and with the implementation of the Minha Casa Minha Vida housing program. The fund has continued to subsidize social housing even in the context of austerity-driven policies in the federal sphere from 2012 onwards.