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Home > Economic and social impact

Program generates 1.3 million jobs and fuels the construction chain

Besides contributing to reducing the housing deficit and helping combat social inequalities, the My House, My Life program generates employment and income, showing positive results for the economy as a whole. With an investment of R$ 217 billion through June 2014, My House, My Life has created about 1.3 million jobs, representing 2.6% of the Brazilian economy’s formal labor force.

Housing units such as these in Ribeirão das Neves (MG) have driven civil construction in all regions of the country. Photo: Washington Alves/Agencia Luz

Every R$ 1 million invested in the program supports 32 jobs and generates additional direct and indirect income of some R$ 744,000 in construction and other sectors. It is the logic of the Lula and Dilma governments: investing in the welfare of the poorest families is to generate earnings and benefits for all Brazilians.

The GDP generated by the activities supported by the program was R$ 12.2 billion in the first half of 2013 alone, representing 0.6% of Gross Domestic Product (GDP).

In 2012, My House, My Life’s impact on GDP was 0.8%.


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Beneficiary is employed in a project in his own community

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Program constructs 1/3 of the country’s new residences
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The My House, My Life program is a major contributor to the good moment the Brazilian civil construction industry is experiencing. The program built no less than 32.1% of all dwellings in Brazil in 2013. My House, My Life also helps develop several areas that drive the economy, such as construction materials and services, which reached R$ 9.2 billion in the first half of 2013.

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• Learn more about the social and economic impacts of the program [14]

• Own Home: Residential Capital and Quality of Life [15]

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My Better House: R$ 18.7 billion in the economy
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In just one year, about 547,500 families benefiting from My House, My Life injected R$ 2.7 billion into the economy. This value refers to the purchase of furniture and appliances funded through the My Better House program. The special My Better House line of credit will make available R$ 18.7 billion by the end of 2014. Through the program, more comfort for families means heating up industry and commerce, sectors that are hiring more workers to meet demand.

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Source URL: http://www.brasildamudanca.com.br/en/minha-casa-minha-vida/economic-and-social-impact

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