CEB To Provide Another EUR 150M For Housing Programmes In Ukraine
(MENAFN- UkrinForm) The Council of Europe Development bank (CEB) has approved EUR 150 million in funding requests for the 2025 housing programmes in Ukraine.
The relevant statement was made by the Ukrainian Communities and Territories Development Ministry , an Ukrinform correspondent reports.
“At its meeting, the CEB's Board of Directors approved funding requests in 2025 for the new project providing housing for internally displaced persons and a continuation of the HOME: Compensation for Destroyed Housing project under the eVidnovlennia (eRestoration) programme,” the report states.
In particular, following the CEB's recent decision, an additional EUR 100 million will be allocated for the HOME project. This funding will provide housing for more than 3,000 families whose housing certificates had already been generated. The priority will be given to combatants and defenders who are returning and require rehabilitation, as well as persons with disabilities and families with multiple children. The HOME project is being implemented in accordance with the framework loan agreement signed between Ukraine and the CEB.
Additionally, a total of EUR 50 million will be allocated for the concessional lending project for internally displaced persons. As a result, a total of 1,460 Ukrainian families will be provided with their own housing on more affordable terms in 2025.
A reminder that, in early December 2024, Ukraine received EUR 30 million from the Council of Europe Development Bank (CEB) to extend the destroyed housing compensation programme. These funds were directed to finance more than 800 housing certificates.
Photo: Pixabay
MENAFN03022025000193011044ID1109163536
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.