In June, Ukraine and the Council of Europe Development Bank (CEB) signed a loan agreement for EUR 100 million during the Ukraine Recovery Conference (#URC2024).

As part of the project “HOME: Compensation for Destroyed Housing” project, holders of housing certificates received under the state program of compensation for damaged and destroyed housing will be able to purchase new homes to replace those destroyed by Russian aggression.

The project is to be implemented in two stages (tranches) by the end of this year.

Today, more than 372 thousand real estate objects have been entered into the State Register of Damaged and Destroyed Property (SRDP). Therefore, the government continues to work to support people affected by Russia's armed aggression against Ukraine. Thus, under the state program of compensation for damaged and destroyed housing, also known as eVidnovlennia, introduced in May last year, almost three thousand families whose homes were damaged have already become owners of new homes. And more than sixty-two thousand have been able to rebuild their homes.

Natalia KOZLOVSKA, Deputy Minister for Communities, Territories and Infrastructure Development of Ukraine:

"During the two months of fruitful cooperation between the team of the Ministry for Communities, Territories and Infrastructure Development of Ukraine, the Ministry of Finance of Ukraine, and representatives of the Council of Europe Development Bank (CEB), several urgent measures were taken to implement the project and open a new budget program. Cooperation with the Council of Europe Development Bank provides an opportunity to purchase a new home using a housing certificate primarily for combatants, returning defenders in need of rehabilitation, people with disabilities, and large families. We plan to continue cooperating with the Council of Europe Development Bank to support the affected people."

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