Updated

Last year, at the initiative of the President of Ukraine, the Government launched the eOselia (eHousing) programme, which enabled the military, law enforcement officers, teachers, doctors and scientists to receive mortgages at 3%.

According to Prime Minister Denys Shmyhal, such preferential mortgages have already been issued for a total of over UAH 2.3 billion.

"Now we will expand the programme. We are making amendments that will allow other Ukrainians who do not have their own housing to participate in the eOselia programme. They will receive a preferential annual rate of 7% in hryvnia. The down payment will be from 20%, and the loan term will be up to 20 years," the Head of Government noted.

The Prime Minister noted that these and other changes to the terms of the programme will significantly boost mortgage lending: "We are creating an opportunity for Ukrainian families in need of housing to get it right now."

During its session on July 4, the Government also decided to allocate almost UAH 5.3 billion for the recovery in ten regions: Vinnytsia, Dnipropetrovsk, Zhytomyr, Kyiv, Kirovohrad, Odesa, Poltava, Sumy, Cherkasy and Chernihiv regions. These funds will be used to implement projects that are critical for communities and directly affect the quality of life.