11 November 2026, 16:48
The Parliament adopted the Draft Law of Ukraine “On Ratification of the Financial Agreement (Project “Development of Social Housing in Ukriane”) between Ukraine and the European Investment Bank and the Agreement on Investment Grant (Project “Development of Social Housing in Ukraine”) between Ukraine and the European Investment Bank”.
As stated in the explanatory note, its purpose is to complete the internal state procedures required for the entry into force of the Financial Agreement (Project “Development of Social Housing in Ukraine”) between Ukraine and the European Investment Bank and the Investment Grant Agreement (Project “Development of Social Housing in Ukraine”) between Ukraine and the European Investment Bank, signed in Gdańsk (Republic of Poland) on June 25 of this year. This will enable the attraction of a EUR 50.0 million loan and a EUR 50.0 million grant.
The “Development of Social Housing in Ukraine” project aims to ensure access to quality and affordable housing for vulnerable population groups. It provides for the development of a social housing system, strengthening the institutional capacity of public authorities, and introducing sustainable financial and operational mechanisms to enhance social cohesion, quality of life, and economic activity.
Attracting loan and grant funds will reduce the financial burden on the state and local budgets, ensure the effective implementation of priority investment measures, and contribute to the further development of Ukraine’s cooperation with international financial organizations and European Union institutions.
The Draft Law was supported by 296 Members of Parliament. Prior to the plenary vote, the Committee on Ukraine’s Integration into the EU held an extraordinary meeting, deciding to submit the bill for consideration by the Verkhovna Rada of Ukraine and recommending its adoption at first reading and as a whole.