The Development Bank of the Council of Europe (CDEB) decided to provide an additional 150 million euros to finance housing programs in Ukraine in 2025. About this reported Ministry of Development of Communities and Territories of Ukraine.
Funding will be directed to two key initiatives: provision of housing for internally displaced persons (IDPs) and the implementation of the “HOME: Compensation for destroyed housing” program, which operates within the framework of the “eRecovery” state initiative.
From this amount, 100 million euros will be directed specifically to the HOME program, which will provide housing for more than 3,000 families who have already received housing certificates as compensation for property lost due to the war. Owners of these certificates will be able to purchase new housing instead of the destroyed one. At the same time, the priority right to compensation is given to military personnel, people with disabilities and large families.
Another 50 million euros will be directed to the preferential lending program for internally displaced persons. This will allow 1,460 families to get their own housing on favorable terms.
This initiative is based on the existing program “Residential premises for IDPs”, which is financed by the German government. Within its limits, families can take out loans at 3% per annum for up to 30 years with a minimum down payment of 6% of the cost of housing.
The Deputy Prime Minister of Ukraine, Oleksiy Kuleba, emphasized that the financing of housing programs is a key direction in the process of the country’s recovery. Providing citizens who lost their homes due to the war with high-quality living conditions remains one of the main priorities of the state.
We will remind that in 2023, the Development Bank of the Council of Europe for the first time provided financial assistance to Ukraine in the form of preferential lending in the amount of 100 million euros. At that time, the funds were directed to the Ministry of Health of Ukraine to restore the medical infrastructure destroyed by the war and meet urgent needs in the field of health care.
