The National Secretariat of Housing of the Ministry of Regional Development and the Council for Architecture and Urbanism of Brazil (CAU/BR) agreed, during a meeting this week in Brasília, to create methods that will allow architects and urban planners to participate directly in real estate financing throughout the country. However, the agreement has not yet been finalized, and the procedures will be developed jointly with financial institutions.
“Brazil graduates thousands of new architects every year. Part of this group will certainly engage in social housing development if entrepreneurship is encouraged beyond the traditional model, which only focuses on financing mass production. We need to bring architects into direct contact with the public,” commented Wilson Andrade, vice president of CAU/BR.
According to Andrade, the idea is for architects accredited by financial institutions—such as Caixa Econômica Federal— to organize demands with interested clients and apply for financing for designs and construction. The proposal is also beneficial for these institutions, since the involvement of specialized professionals reduces construction risks, ensuring that funds are allocated to high-quality projects.
In addition to applying for financing, architecture professionals will be responsible for executing or supervising the developments and providing the final accounting.
Source: AECweb
This article was written by Romullo Baratto. The translation is powered by AI.
