In brief
The agreement provides for a €50 million loan and a €50 million grant to develop social housing for displaced people and other eligible groups.
Ukraine's parliament has ratified a social housing financing agreement with the European Investment Bank (EIB), with 296 lawmakers voting in favour, UNIAN reported, citing its correspondent.
The agreement envisages a €50 million loan and a €50 million grant from the EIB. Local budgets are also expected to contribute, though UNIAN did not specify their contribution. The housing is intended for internally displaced people, low-income households, other vulnerable groups and people working in critically important professions.
Financial and economic projections envisage 300 apartments in 2028, another 840 in 2029 and 360 in 2030, with an average floor area of 55 square metres. The programme is scheduled to run from 2026 to 2030.
These construction figures and timelines remain plans. UNIAN's report did not specify the date of the parliamentary vote or report that funding had been received or construction completed.
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