The financial, legal and territorial modeling of the São Paulo Public-Private Housing Partnership: the links between austerity and market facilitation
The interplay between housing production and the real estate sector undergoes a continuous process of adjustment in the trajectory of Brazilian housing policy. Simultaneously, changes are observed from the expansion of the private sector's role in the conception, implementation, and management of social and urban policies. In this context, this dissertation seeks to contribute to the discussion about the transformations in housing policy, promoted from the links between the elaboration of strategies guided by the austerity agenda. These strategies articulate the State's role as a facilitator/regulator of market mechanisms, along with projects driven by private sector interests. The main objective is to comprehend the legal, financial, and territorial modeling of the Public-Private Partnership (PPP) aimed at social housing production, launched by the Companhia Metropolitana de Habitação de São Paulo (Metropolitan Housing Company of São Paulo). The parameters of this new arrangement point towards modifications in the planning and governance model of housing policy in the City of São Paulo, given that the PPP establishes a direct relationship with capital in the implementation of public services. Therefore, the effort here was to understand the current role of the State, which now responds to ensuring private investment (capital risk) based on the use of public funds, at the expense of promoting social well-being and public services for the most disadvantaged population (social risk). To achieve this, this exposition begins with the dimension of the regulation of concessions and PPPs at the federal level based on the austerity agenda. Subsequently, the investment dimension is explored, stemming from the shift away from the central models of public financing of housing policy towards a model centered on the logic of private agents. Lastly, the aim is to comprehend and critically examine the legal, financial, and territorial modeling of housing PPPs as an instrument that establishes, mobilizes, and manipulates the formulation of logics for the production of space.