19:49 07 Dec 2023

Germany allocates €17 mln to house Ukrainian refugees

Фото: З відкритих джерел

Germany has allocated an additional 17 million euros for preferential housing loans for internally displaced persons.

Ukraine's State Fund for Youth Housing and the German bank KfW signed an agreement.

Using these funds, it is planned to issue approximately 400 new preferential housing loans in 2024.


Як підкреслюють у міністерстві, підтримка українців під час війни – це абсолютний пріоритет для банку KfW.

Директор Представництва KfW в Україні Лоренц Ґесснер наголосив, що фінустанова продовжить стояти поруч з Україною та її громадянами.

"We are pleased to continue our cooperation with Ukraine in the area of concessional housing loans for Ukrainian internally displaced persons. The first part of this project, totaling €25.5 million, was successfully implemented during 2021-2022. 

Together with our Ukrainian partners, we quickly saw that this project has generated significant interest. That is why today we have announced additional support in the amount of €17 million, said Tim Prange, Permanent Deputy Ambassador Extraordinary and Plenipotentiary of Germany to Ukraine.

At the end of the meeting, it was emphasized that the project to provide preferential mortgages to IDPs has been operating for several years and has proven to be successful.

Recently, KfW and the Ministry of Finance of Ukraine signed a €50 million grant agreement to finance the 5-7-9 program implemented by the Entrepreneurship Development Fund.

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