Government of MG announces R$ 20 million to regularize 34 thousand properties in the state

The Government of Minas announced, this Tuesday (2), the transfer of R$ 20 million to facilitate the regularization of 34 thousand properties throughout the state. The investment will be made by the State Secretariat for Economic Development (Headquarters) in 29 municipalities, through the Minas Reurb Program.

“Land regularization is of fundamental importance for our economy to advance. It is through regularization that we will have people able to access credit lines”, said governor Romeu Zema (Novo), in a ceremony in the Administrative City.

“I’ve seen people say: ‘I took out a loan because I could prove to the bank that I was the owner. Before, I didn’t have the means’. People who sell property for a much higher value and can invest elsewhere and all of this comes through land regularization that has remained dormant in the state for more than 10 years”, he said.

According to the Secretary of State for Economic Development, Fernando Passalio, the program will not cover properties that were invaded and subsequently occupied, but those whose owners did not have the opportunity to bring their documentation up to date.

“Minas Reurb is an urban land regularization program. It is estimated that, in half of the state of Minas, people live in the house, but do not have the house registered. This causes several difficulties. In Minas Gerais, we have municipalities that do not have a property, nor the city hall, with a property title. It’s a very serious situation, these are people who are invisible to housing policy,” he said.

Among the municipalities covered are 14 cities in the Vale do Jequitinhonha region, the region with the lowest human development index in the state, with many properties that do not have regularization. In greater BH, Caeté and Sabará are among the Minas Gerais municipalities covered.

Check the list of municipalities served: