Resolution No. 3,466

RESOLUTION No. 003466 ------------------- Amends art. 9-I of Resolution No. 2,827 of 30 March 2001, as amended by Resolution No. 3,438 of 22 January 2007. THE CENTRAL BANK OF BRAZIL, in accordance with art. 9 of Law No. 4,595 of 31 December 1964, makes public that the NATIONAL MONETARY COUNCIL, in a session held on 26 June 2007, based on art. 4, items VI and VIII, of the aforementioned law, R E S O L V E D: Art. 1 The caput of art. 9-I, as well as item II of its § 1, of Resolution No. 2,827 of 30 March 2001, as amended by Resolution No. 3,438 of 22 January 2007, are amended and shall have the following wording: "Art. 9-I The contracting of new credit operations is authorized, in the total amount of up to R$1,000,000,000.00 (one billion reais), intended for: I - urbanization and regularization of precarious settlements, production of housing complexes and institutional development of States, Municipalities, the Federal District and their respective non-dependent state-owned companies, within the scope of the Housing Assistance Program through the Public Power (Pró-Moradia), operated with resources from the Service Time Guarantee Fund (FGTS), and under the management of the Ministry of Cities; and II - Integrated Multisectoral Projects (PMI), within the scope of a financing line of the National Bank for Economic and Social Development (BNDES), aimed at urbanization and implementation of basic and social infrastructure in low-income, risk and sub-housing areas, also considering land regularization. § 1 ..................................................... I - ...................................................... II - obtaining eligibility and selection with the Ministry of Cities, subject to the regulations governing investments with FGTS resources, in the case of Pró-Moradia, and the guidelines to be established by act of the Ministry of Cities, in the case of Integrated Multisectoral Projects (PMI). ........................................................." Art. 2 This resolution enters into force on the date of its publication. Brasília, 29 June 2007. Henrique de Campos Meirelles President