The European Bank for Reconstruction and Development (EBRD) and the European Commission are supporting Ukraine's housing recovery with a €100 million loan facility to develop a scalable affordable housing platform. The financing will help deliver safe and sustainable housing for internally displaced persons and other vulnerable groups, addressing one of the country's most pressing social needs.
The programme is led by developer and philanthropist Dell Loy Hansen, supported by Hansen Ukrainian Mission (HUM), a non-profit organisation he founded. Through HUM's Ladder to Prosperity initiative, the project combines affordable rental and rent-to-own models to promote long-term housing security and economic integration. Subsequent phases are expected to deliver 1,800 affordable homes across the Kyiv region by 2029.
The project will benefit from partial first-loss risk cover under the EU's Ukraine Investment Framework Municipal Infrastructure and Industrial Resilience Programme, strengthening the Bank's capacity to support affordable housing solutions in Ukraine. It will also benefit from donor-funded technical cooperation to strengthen its social and environmental impact, including an apprenticeship scheme targeted primarily at internally displaced persons.
"Affordable, energy-efficient housing is essential to Ukraine's reconstruction," said Arvid Tuerkner, Managing Director for Ukraine and Moldova at the EBRD. "This investment reflects the EBRD's strategic priorities in Ukraine by expanding reliable housing solutions that support the country's broader recovery agenda." Hansen added: "We're grateful to the EBRD for making such an important effort to help the internally displaced, forgotten elderly and Ukrainians struggling with low incomes."
The EBRD has substantially increased its investments in Ukraine since Russia launched its full-scale war there in 2022, deploying more than €8.5 billion to support energy security, vital infrastructure, food security, trade and the private sector. This investment will also contribute to ongoing housing reforms in Ukraine, where a new law on Social Housing is planned to be adopted by the end of 2026.
