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Many countries with different characteristics and different inserts in the global context, that reformed the State, acted similarly in relation to their housing policies during the reform period. In most of these countries housing policy has undergone a "privatization" supported by a new vision of housing not as a social policy, but as a market product to be consumed. In Brazil, the recent housing policy is being performed by the Federal Government has shown a similar route to those countries. Brazil also has gone through a Reform of the State, though not implemented in its entirety, the question arises: How does the recent Brazilian housing policy is in the context of State reform implemented in 1995? In seeking answers to this question, this paper discusses the course of national housing policy from 1995 to the present day, focusing on the fundamental changes that were introduced after this date, especially in the housing finance system, and convergences and their relations with the State Reform agenda. [ABSTRACT FROM AUTHOR]