The Verkhovna Rada ratified agreements between Ukraine and the European Investment Bank (EIB) on an investment grant for a project to build social housing in Ukraine.

The relevant Draft Law No. 0403 was supported by 296 MPs. This will facilitate the transition to the next stage of the project – commencing its implementation in communities and funding the construction of social housing.

‘Our goal is to provide affordable, high-quality rental accommodation to those who need it most, in particular internally displaced persons and other vulnerable groups. Cooperation with the European Investment Bank and the European Commission provides us with both financial resources and the opportunity to implement European principles: transparency in governance, energy efficiency, inclusivity, and social integration. We will test this model through pilot projects with a view to scaling it up in other communities across Ukraine with the support of international partners,’ said Vitalii Bezgin, Minister for Communities, Territories and Internally Displaced Persons of Ukraine.

The total funding for the first phase amounts to EUR 100 million. Of this, EUR 50 million is a loan from the European Investment Bank, with another EUR 50 million in grant funding, which the communities will receive as a non-repayable grant for the construction of housing.

During the pilot phase, the plan is to build around 13–15 apartment buildings in 2–3 selected communities. It is expected that social housing will be provided for over 1,500 families.

Both agreements were signed on 25 June 2026 in Gdańsk during the Ukraine Recovery Conference (URC2026).

It is important to note that the project involves more than just the construction of individual buildings. In parallel, MinRehion is working on establishing a system of municipal social rental housing, which other communities will eventually be able to use and develop.