Ukraine received €170 million from the Council of Europe Development Bank for housing programs and an additional €35 million for infrastructure repairs from Sweden

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Ukraine received €170 million from the Council of Europe Development Bank for housing programs and an additional €35 million for infrastructure repairs from Sweden

Ukraine has secured new funding of €170 million from the Council of Europe Development Bank to implement housing programs. The relevant agreement was signed in Rome during the URC-2025 conference. According to Ukraine’s Prime Minister Yulia Svyrydenko, €70 million of this amount will be allocated to the HOME project, which provides compensation for housing destroyed as a result of the war.

This is reported by Finway

“This means an additional 1,500 ‘eRecovery’ housing certificates and the opportunity for 4,000 families to acquire new homes to replace those that were destroyed. Thanks to the HOME project, over 7,600 Ukrainians have already received new housing, and a total of 24,300 Ukrainian families have received housing certificates,” Svyrydenko noted.

Support for Internally Displaced Persons

Of the total amount of €170 million, €100 million will be directed towards supporting internally displaced persons. These funds will be used to provide housing, assistance with living expenses, education for children, and the integration of displaced individuals into new communities. The government emphasized that the housing sector remains one of the most affected: over 135,000 families have already benefited from the ‘eRecovery’ program.

Additional Assistance from Sweden

Sweden has also joined in providing financial support to Ukraine, allocating an additional SEK 1.1 billion (approximately €100 million) to assist ahead of the winter period. Of this amount, SEK 450 million will be transferred to the Ukraine Energy Support Fund, and SEK 385 million (about €35 million) will be channeled through the Trust Fund for the Reconstruction of Ukraine. These funds will be directed towards repairing energy and housing infrastructure, which is particularly urgent given the approaching cold weather.