The European Investment Bank (EIB) is exploring the possibility of providing a €200 million loan to Ukraine to build social rental housing and support the country’s financial model, according to information on the bank’s website.
The project envisages the allocation of funds to cities affected by conflict or hosting significant numbers of internally displaced persons (IDPs) to create affordable, energy-efficient and financially sustainable housing that is state-owned.
Within the framework of this project, credit funds will be provided through sub-loans or subventions, as well as investment grants for individual municipalities from central authorities. In addition, it is planned to provide consulting services on the development of a legal and institutional framework for the formation of a social housing fund in accordance with the requirements of the EIB and the European Union.
The total cost of the project is 400 million euros. The expected amount of financing from the EIB is 200 million euros. It is assumed that the loan will be secured by a guarantee from the European Union.
As the head of the EIB regional office in Eastern Europe Kristina Mikulova said in an interview with the Interfax-Ukraine agency in April 2025, the EIB is already assessing a pilot project for the construction of social housing. The signing of the first agreement may take place this year.
Your email address will not be published. Required fields are marked *