Ukraine Gains Strong Financial Support to Rebuild Homes and Vital Services

Tobi
2 Min Read
Ukraine Gains Strong Financial Support to Rebuild Homes and Vital Services

Ukraine is receiving strong financial support from European banks to help people affected by the war.

The Council of Europe Development Bank (CEB) has pledged €50 million to help families who were forced to leave their homes. This funding will support a low-interest mortgage program, giving displaced families a real chance to own a home.

The Ministry of Community and Territorial Development shared that about 1,100 families will benefit by 2025. These families can apply for housing loans with a fixed interest rate of 3% per year.

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The loan can be paid over 30 years, and the down payment is just 6% of the home’s cost. This marks the second phase of Ukraine’s ongoing partnership with the CEB under the Housing for Internally Displaced Persons project.

Alongside housing, Ukraine will also receive €200 million from the European Investment Bank (EIB) to repair public infrastructure. The funds are split into two parts. One part, worth €100 million, will go toward fixing water supply and sewage systems. The other €100 million will support the repair of heating networks, homes, and essential public buildings like schools and hospitals.

This joint effort shows a growing commitment to helping Ukraine recover. It brings real hope to many families who want to start again, rebuild their lives, and return to stable living conditions.

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