Historically, Brazil’s rental sector has not provided strong housing options, due to a lack of clarity in legal frameworks and the dynamics of the informal market. To remedy this, São Paulo’s local government established a rental housing program in 2002, which was based on a model of state ownership and rental subsidies for low-income families, with the first two pilot programs partially funded by the Inter-American Development Bank.
In 2007, an additional program was approved, that provided rent vouchers for socially vulnerable families living in privately owned units. After a rental period of thirty months, eligible families are enrolled in an ownership housing program, and can apply for a home through a municipal, state, or federal program. After the implementation of these programs, São Paulo’s local government began to look into implementing mixed-income rental schemes through public-private partnerships (PPPs), aiming to make the use of housing in central areas more efficient.
Source:
Peppercorn, I.G. & Taffin, C. (2013) Rental Housing : Lessons from International Experience and Policies for Emerging Markets. Washington, DC: World Bank.
Link: https://openknowledge.worldbank.org/handle/10986/13117