500 MORE FAMILIES TO PURCHASE HOUSING UNDER THE PROGRAM FOR IDPS
On 1 November 2022, the 13th random draw of the beneficiaries of a soft mortgage loan under the program "Housing for IDPs" was held in the State Fund for Support of Youth Housing Construction (SFYH) with a live broadcast on the SFYH's YouTube channel.
According to its results, another 500 families could get a loan for purchasing housing on unique for Ukraine conditions at this time – at 3% per annum.
The project began in July 2021 but was suspended in February 2022 with the beginning of russian military aggression. However, it resumed in August of this year. This is already the fifth random draw held during the war and martial law, taken into force by the Executive Order of the President of Ukraine.
As of 1 November 2022, more than 30 thousand applications were registered in the Open Register of Candidates for soft loans under the program.
To date, 450 loan agreements have been concluded for 578.1 million UAH under the program for IDPs.
The random draw #13, similar to the previous ones, was conducted by computer sampling with the help of a random number generator using software (RandomPicker.com) proposed by the Implementation Consultant – IPC GmbH, approved by the KfW Bank and which complies with the legislation on the personal data protection.
The impartiality of the random draw was monitored by representatives of the Ministry of Reintegration of the Temporarily Occupied Territories, the Implementation Consultant, and SFYH. In their speeches, they wished everyone registered to participate in the program to fulfill their dream of purchasing their own home. Additionally, it was pointed out that the "Housing for IDPs" project is the most effective housing program right now.
The following business day after the random draw is the earliest, the regional offices of the SFYH will notify the persons who can receive a housing loan about the need to submit the documents specified in the Procedure. The list of such persons is published on the official website of the SFYH and the websites of its regional offices.
For reference.
The "Housing for IDPs" program is financed by a grant from the German Government, provided as part of an intergovernmental agreement through the KfW Reconstruction Credit Institution, Frankfurt am Main. The SFYH and the Ministry of Reintegration of the Temporarily Occupied Territories jointly implement the project.
Loans to internally displaced persons are granted for a period of up to 20 years at 3% per annum, based on the regulatory (normative) area of the housing (dwelling) (21 square meters of total area per person and an additional 10.5 square meters per family).
Lending objects can be an apartment in an apartment building or a single-apartment residential building, put into operation no later than 50 years ago or reconstructed no later than 25 years ago.
One may register to participate in the program through the portal of state services "Diia" or in one of the regional offices of the SFYH.