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Whenever interest levels normalize and you will converge and supplementary market for home loan is fully consolidated, new directed credit program including SBPE could possibly get slowly end up being phased aside. The latest FGTS program, hence caters to a lower earnings group (look for Annex eight), will always be you’ll need for the amount of time are while the a main source o f construction funds resource, specifically while alternative subsidies (such as for instance the newest PSH initial subsidy program) can’t be sufficiently funded to allow a larger proportion o f lower income houses entry to property funds with an upfront subsidy. On medium label, FGTS could possibly get focus all the more with the the part once the a provident financing in place of since the seller o f profoundly sponsored borrowing. FGTS are slowly moving to an even more clear and you can efJicient method off providing subsidies.