More than 500 families of internally displaced persons will be able to purchase housing on credit on favourable terms. On 14 May, a new online selection process for participants in the Housing for IDPs programme, funded by the Council of Europe Development Bank, will start.
More than 500 IDP families to get a chance to own their own housing
Ukraine is launching another phase of preferential mortgage lending for internally displaced persons. According to the Vice Prime Minister for Reconstruction of Ukraine, Minister of Development of Communities and Territories of Ukraine Oleksiy Kuleba, The government received a second tranche of funding of €25 million from the Council of Europe Development Bank. The new round of the programme will allow more than 500 more IDP families to receive housing on credit on favourable terms.
Pros. information, registration for the 26th online selection starts on 14 May at 15:00. You can apply through the Diia app. The winners will be selected automatically through the international service RandomPicker.com in the presence of partners and with online broadcasting.
Conditions of participation and programme features
Loans under the Housing for IDPs programme are available for up to 30 years at 3% per annum. The maximum housing area for a family of one or two people is 52.5 sq m, with 21 sq m added for each additional family member.
The housing must be no older than 50 years or reconstructed no more than 35 years ago. Only those who IDPS, who do not have housing in the government-controlled territory of Ukraine, have not previously received state housing compensation or preferential loans and can prove their solvency.
Transparency of selection and publication of results
All applicants can check the status of their applications in advance on the website of the State Fund for Youth Housing. The list of winners will be announced during the live broadcast of the selection, as well as on the official website of the State Agency for Youth Housing and on the resources of regional offices.
The selection will be done automatically using RandomPicker.com, which guarantees transparency and impartiality of the process. According to Oleksiy Kuleba, the Council of Europe Development Bank has officially confirmed the effective use of the previous tranche of funding by Ukraine.
Why it matters
This programme has enabled thousands of internally displaced persons to obtain their own housing on affordable terms, which is key to their integration and stability. The support of the Council of Europe Development Bank ensures not only financial but also institutional credibility of Ukraine's aid distribution mechanisms.
In total, under the EBRD's Framework Loan Agreement, Ukraine has received €50 million to support the IDP housing programme. With the first tranche of EUR 25 million, 504 IDP families have already received concessional mortgages. The new phase will allow hundreds more families to take a step towards a stable future in Ukraine.
