The restoration of the housing stock remains a priority task for the Ukrainian government in 2025 and the following years. The mortgage loan program “eOselya” is considered an important and successful tool for achieving this goal. It is planned that the volume of loans issued under this program will increase by 23.3% compared to the previous year, reaching ₴18 billion. This was stated by the Minister of Economy, Yulia Svyrydenko, during a relevant forum in Kyiv.
This is reported by Finway
Yulia Svyrydenko also noted that 13% of the housing stock in Ukraine has been destroyed or damaged, and 2.5 million households are in need of new housing. In this regard, the government plans to develop not only mortgage lending but also other forms of housing provision. In particular, a rent-to-own scheme will be introduced for those who cannot afford the down payment, as well as social rental options that provide long-term housing at subsidized prices for certain categories of citizens.
Proposals for Program Changes
The Deputy Head of the National Bank of Ukraine, Kateryna Rozhkova, expressed the opinion that the affordable mortgage program “eOselya” requires significant changes. She suggests shifting from direct lending to the population to a mechanism for compensating interest rates. In her view, Ukraine should develop a new mortgage strategy by mid-2025, taking into account budgetary constraints and aiming to make “eOselya” more financially beneficial for the state.