Companhia de Habitação do Estado de Minas Gerais

What Companhia de Habitação do Estado de Minas Gerais does

Companhia de Habitação do Estado de Minas Gerais (Cohab Minas) is a mixed-capital company (empresa de economia mista) controlled at 99.999546% by the State of Minas Gerais, founded in 1964/1965. Headquartered in Belo Horizonte with a regional office in Uberlândia, it executes the state's public housing policy through four core activities: affordable housing development, servicing of legacy mortgage portfolios, urban land regularization (REURB-S), and consulting services to municipal governments. It has built 1,300+ housing complexes across 550+ municipalities and now serves 400+ municipalities via its Cohab Mais Perto decentralized program.

The company's revenue mechanics combine multiple streams: interest and principal from serviced mortgage portfolios (bundled into the FIDC Cohab Minas fund), direct property sales (including new apartment offerings in the Cinquentenário neighborhood launching July 2026), accreditation fees from 37 partner firms operating in the REURB-S regularization program across 34 macrorregions, and consulting contracts with municipal governments. State budget allocations and the controlling shareholder's support underpin capital structure. Technology infrastructure includes the PROBPMS workflow system provided by state-owned Prodemge, transparency portals, a Data Room for legal disclosures, and internal automation tools.

Governance was modernized via an updated Estatuto Social in December 2025, which established a dedicated Atração de Investimentos e Novos Negócios division. The company also operates an Ethics Committee (established 2022) and an LGPD data-protection compliance program (established 2020). No AI/ML capabilities, proprietary data flywheels, or venture funding are disclosed; operations rely on standard public-sector administrative systems and a curated partner ecosystem rather than technology-led differentiation.

Name

Companhia de Habitação do Estado de Minas Gerais

Legal name

Companhia de Habitação do Estado de Minas Gerais

Website

https://cohab.mg.gov.br

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

51–100 employees

Short description

Cohab Minas is a state-owned housing company (99.9995% owned by Minas Gerais) that develops affordable housing, services mortgage portfolios, and runs the REURB-S land regularization program, serving 400+ municipalities and individual mortgage holders across the state.

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Administration of Housing Programs (925110), Lessors of Residential Buildings and Dwellings (53111), Administration of Housing Programs, Urban Planning, and Community Development (9251), Residential Building Construction (23611)

SIC

Real Estate (6500), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Public housing services
• Housing loan servicing
• Urban land regularization
• Municipal housing consulting
• Social housing development

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Housing Loan Repayments (Mutuários): Cohab Minas generates primary revenue from housing loan repayments made by mortgage holders (mutuários) who financed homes through the company. Payments are managed with support from FIDC Cohab Minas (investment fund that acquired contract portfolios). The company services a large portfolio of housing loans under programs including Programa Lares Geraes (PLHP), Programa Lares Geraes Segurança Pública (LGSP), and Programa de Habitação Popular (Prohab).
2. Property Sales: Sale of housing units and land properties in municipalities across Minas Gerais. Properties are sold through competitive proposal processes with defined public offerings, including recent apartment sales in Belo Horizonte's Cinquentenário neighborhood.
3. Municipal Consulting Services: Fee-for-service consulting provided to municipal governments seeking to develop affordable housing. Services include technical consulting (feasibility studies, documentation, social demand analysis), project management, and support for municipal housing programs.
4. REURB - Urban Land Regularization Services: Cohab Minas manages the complete urban land regularization process for municipalities, including technical management, accreditation of companies, and end-to-end project support through titling. Revenue derived from managing the credenciamento (accreditation) process across 34 macrorregions with 37 accredited companies.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Cohab Minas is a state-owned mixed-economy company that finances, develops, and services public housing across Minas Gerais. Its core activities include originating and servicing housing loans for low-income borrowers (mutuários), selling housing units directly, running the REURB urban land regularization program across 34 macroregions, and providing technical consulting to municipal governments for affordable housing development and contractor accreditation.

Product overview

Companhia de Habitação do Estado de Minas Gerais (Cohab Minas) is a state-owned housing company operating as a unified platform with integrated digital portals and service modules. The core offering includes: (1) the Portal de Acesso for borrower/municipality/general public services; (2) the property sales platform for housing unit sales; (3) REURB land regularization program across 34 macroregions; (4) the Cohab Mais Perto decentralized municipal service network. Supporting administrative modules include the Painel de Notícias (news management), Painel de Licitações (bidding management), and Painel de Vendas (sales management), all connected to internal systems including the PROBPMS workflow engine and Data Room for bidder document access. Services include Habitational Consultancy for municipalities and a library of standardized architectural plans.

Differentiator

Problem solved

Functional benefit

Brands

• Cohab Mais Perto: A partnership program between Cohab Minas and municipal governments to provide closer service to residents in housing complexes across Minas Gerais municipalities.
• REURB-S

Products and services

• Portal de Acesso Cohab Minas Main citizen access portal providing entry points for Mutuários (borrowers), Prefeituras (municipalities), and general public access to Cohab Minas services.
• Imóveis à Venda (Property Sales) Property sales platform listing available apartments and houses for purchase across Minas Gerais municipalities, with property details, pricing, and proposal submission processes for direct buyers.
• REURB - Regularização Fundiária Urbana Urban land regularization program managing the complete process of legalizing informal urban areas occupied by low-income families, with coverage across 34 macroregions and 37 accredited companies performing technical regularization under Cohab Minas management.
• Cohab Mais Perto Decentralized service delivery program establishing municipal partnerships across 400+ Minas Gerais cities, where trained town hall employees serve as Cohab representatives providing loan management, payment slips, and deed services locally.
• Consultoria Habitacional (Housing Consulting) Municipal consulting service providing preliminary analysis, social viability studies, land inspection, technical feasibility assessment, and project dossier preparation for affordable housing developments.
• Plantas de Projetos Arquitetônicos (Architectural Plan Library) Library of standardized housing designs including MG-24-AP-2-47 apartments and MG-91-I-2-45 houses, with architectural, hydraulic, sanitary, and electrical blueprints available to municipalities.
• Housing Loan Servicing (Mutuários) Housing loan servicing for borrowers under Cohab Minas programs (PLHP, LGSP, Prohab) including bill issuance, payment, deed processing, financing transfers, insurance, early payoff, and FIDC contract servicing.

Quantifiable outcome

• Built approximately 1,300 housing complexes in over 550 municipalities over 60 years
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core and support.

• Municipal Governments of Minas Gerais (Prefeituras)coreChannel Partner/ Reseller/ Distributor · 12 August 2024Cohab Minas partners with municipal governments through the Cohab Mais Perto program, establishing two-year partnership agreements where mayors designate municipal employees for training to serve as company correspondents. Currently 400 municipalities participate, enabling service delivery across Minas Gerais through local municipal offices.
• REURB Accredited Companies (37 companies across 34 macrorregiões)coreChannel Partner/ Reseller/ DistributorThe REURB-S program accredits private companies to conduct urban land regularization in 34 macrorregiões. Companies are credentialed through public notices and include firms such as Instituto Gestão Resultado, Legaliza Brasil, Versaurb, and others across multiple regions. These companies perform the technical work of land regularization under Cohab Minas management.
• PRODEMGE (Companhia de Tecnologia da Informação do Estado de Minas Gerais)supportTechnology or IntegrationPRODEMGE provides the PROBPMS system (maisperto.cohab.mg.gov.br) used by Cohab Minas for the Cohab Mais Perto municipal service workflow. PRODEMGE is the state government's information technology company providing digital infrastructure for public services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• PRODEMGE: State IT company of Minas Gerais providing the PROBPMS workflow system used by Cohab Minas' Cohab Mais Perto program. Technology infrastructure enabler rather than competitor.
• Banco do Brasil: Major Brazilian public bank providing housing credit and related services. Indirect peer through housing finance, though operates at national scale across many segments.

Emerging players

• Even Construtora: Brazilian residential developer with mid-market and affordable segments. Overlaps with Cohab Minas in standardized multi-family residential construction methodology.

Direct peers

• COHAB-DF - Companhia de Desenvolvimento Habitacional do Distrito Federal: District-level housing company operating the same modelo of low-income housing construction, financing, and property regularization. Closely comparable as a public-sector housing developer/financer in a defined Brazilian jurisdiction.
• Direcional Engenharia: Brazilian affordable housing developer focused on the lower-income segments where Cohab Minas operates (Minha Casa Minha Vida / Casa Verde Amarela bands). Directly competes for the same low-income buyer segment Cohab Minas serves.
• CDHU - Companhia de Desenvolvimento Habitacional e Urbano do Estado de São Paulo: State housing company of São Paulo that builds, finances, and services affordable housing for low-income residents. Most direct functional analogue to Cohab Minas — same state-owned 'economia mista' model, similar loan servicing, land regularization, and property sales activities, just at larger scale in a bigger state.
• CEHAB-RJ - Companhia Estadual de Habitação do Rio de Janeiro: State housing company of Rio de Janeiro performing identical functions to Cohab Minas — social housing construction, mortgage servicing for mutuários, and urban land regularization. Directly comparable mandate and operating model.
• Cury Construtora: Large Brazilian homebuilder specializing in affordable housing under federal subsidy programs. Comparable product, customer, and geographic exposure in Brazil — competes with Cohab Minas for low-income housing demand.

Broad incumbents

• MRV Engenharia: Brazil's largest private-sector low-income and affordable housing developer. Comparable end-customer (low-income homebuyers) and product (standardized multi-family housing), but operates as a public company at national scale rather than a state enterprise.
• Caixa Econômica Federal: Federal public bank that dominates Brazilian affordable housing finance through FGTS-linked Minha Casa Minha Vida programs. Overlaps significantly with Cohab Minas' housing-loan operations but operates federally and across all states.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/cohabminas

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Companhia de Habitação do Estado de Minas Gerais