Tuesday, 02 January 2024 12:17 GMT

Ukraine Receives EUR 170M From Council Of Europe Development Bank For Housing Programs


(MENAFN- UkrinForm) This was announced by Ukrainian Prime Minister Yuliia Svyrydenko on Telegram , according to Ukrinform.

“Today, Ukraine received another EUR 170 million from the Council of Europe Development Bank for housing programs. The loan agreement was signed in Rome during URC-2025,” she stated.

According to Svyrydenko, EUR 70 million will be allocated to the HOME project, which provides compensation for destroyed housing.

Read also: PM Svyrydenko calls on European Commission to accelerate technical preparations for Ukraine's EU accession

“This means another 1,500 eVidnovlennia housing certificates and the opportunity for 4,000 families to purchase new homes to replace those lost. Priority will be given to defenders, people with disabilities, and large families. Thanks to the project, more than 7,600 Ukrainians have already received new housing, and a total of 24,300 families have been issued housing certificates,” the Prime Minister reported

She added that EUR 100 million will go toward supporting internally displaced persons:“This includes assistance with housing, living expenses, children's education, and integration into communities.”

Svyrydenko also emphasized that the housing sector remains one of the most severely affected areas.

“In total, more than 135,000 families have used the eVidnovlennia program to receive compensation for repairing damaged homes or for purchasing or building new ones to replace those destroyed,” she said.

The Prime Minister expressed gratitude to European partners for their support.

“Together, we are creating the conditions for Ukrainian families to rebuild their lives in Ukraine,” she affirmed.

As previously reported, on September 10, Prime Minister Svyrydenko announced that Ukraine had received EUR 1 billion from the European Union under the ERA Loans program.

Photo: Sylvie Dupic / coe

MENAFN01102025000193011044ID1110138736



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.