São Paulo fines R$78M for housing program irregularities across 700 properties

São Paulo authorities issued R$78 million in fines for irregularities in Social Housing (HIS) and Popular Market Housing (HMP) apartments, affecting 700 properties including in Pinheiros and Consolação. The scale suggests systemic compliance failures in the city's affordable housing program, though specific violations remain unspecified. This signals heightened enforcement that could impact developers and property owners involved in the program.

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