A new start for displaced persons: the Government launches interest-free loans of up to 430 thousand for housing arrangements

A new start for displaced persons: the Government launches interest-free loans of up to 430 thousand for housing arrangements

Up to 430,000 UAH without interest: the government launches preferential loans for families forced to relocate due to emergencies. The funds will be provided for a term of up to 15 years, — Svyrydenko.

The state will compensate the interest to banks, so the loan will be interest-free for individuals.

 The funds can be used to purchase property, household items, and equipment for setting up a home.

One adult family member must submit an application and a certificate confirming the status of a victim to local authorities.

After approval, the funds will be transferred by an authorized bank.

The program covers all emergencies stipulated by legislation and is aimed at helping people return to normal living conditions as quickly as possible.