Publication date: 06.06.2024
Have a house - affordable housing lending program
In Ukraine today there is an urgent issue of rebuilding and rebuilding housing damaged and destroyed as a result of a full-scale war. Damage to property during war is, unfortunately, an inevitable reality faced by Ukrainians across the country. Destroyed houses, damaged apartments and residential complexes mean not only material losses, but also the broken lives and hope of hundreds of thousands of families.
One of the key tools for overcoming the consequences of war and providing citizens with affordable housing is the state program “Have a Home.” Its goal is to help Ukrainians whose property was damaged due to hostilities and property damage as a result of war, obtain affordable loans for the purchase or restoration of real estate.
Under this program, the state compensates part of the interest rate on a loan for the purchase, reconstruction or construction of housing. This can significantly reduce the financial burden on borrowers and speed up the process of restoring their housing.
One of the key aspects of the program is fixing the value of damaged property. This allows us to objectively assess the damage caused during the war and determine the amount of compensation to the victims. Special commissions make a detailed assessment of the condition of destroyed houses, damaged apartments and other real estate in order to calculate the cost of damage.
The “There is a Home” program also takes into account the special needs of vulnerable categories of the population, such as internally displaced persons, large families, combatants and veterans. They are provided with additional benefits and preferences when receiving loans.
In addition, the program includes not only residential buildings and apartments, but also damaged property such as cars. Vehicles destroyed during war can also be compensated under this initiative, allowing citizens to regain their mobility and normal life.
It is worth noting that “There is a home” is not only financial assistance, but also an integrated approach to the restoration of housing and infrastructure. The program involves close collaboration with local authorities, construction companies and other stakeholders to ensure efficient and transparent use of funds.
In addition to government support, the “There is a Home” program is also open to attracting international assistance and cooperation with foreign partners. This allows us to expand the resource base and use best practices in the field of recovery and affordable lending.
So, the “There is a Home” program is an important tool for restoring Ukraine’s housing stock and providing citizens with affordable and decent housing. It helps mitigate the consequences of property damage resulting from war and allows Ukrainians to rebuild their lives in a new location or in renovated cells. Only by uniting the efforts of the state, citizens and international partners will we be able to overcome the destruction of war and restore Ukraine.
