Ukrainian youth have an incentive to think about their own housing earlier
6 November 16:08
The eHouse program is becoming more accessible to young people. Ukrainians under the age of 26 can get a mortgage with a down payment of only 10% of the cost of housing instead of 20%, as it was before. This was reported by the Ministry of Economy, Komersant ukrainskyi reports.
Until now, the share of young people among the program participants was insignificant – 9%. A total of 1,115 loans have been granted to this age group.
“The eHouse program is becoming even more accessible to citizens. Now young Ukrainians will be able to join the program by paying a halved down payment – from 10% of the cost of housing. We expect the share of young participants to grow, which will encourage young people to stay in the country, and the development of the program will increase the positive effect on the construction and related industries and, ultimately, on the Ukrainian economy,” said Yulia Svyrydenko, First Vice Prime Minister of Ukraine and Minister of Economy of Ukraine.
How to apply for a mortgage under the eOselya program
You can apply for an affordable mortgage through the Diia app.
To do this, you need to:
- In the Diia app, go to the Services section and select eHouse.
- Fill out an application and select an authorized bank.
- Sign the necessary documents using Diia.Signature.
- After receiving a response from the authorized bank in the Diia app, you can start applying for a mortgage.
What is known about the eOselya program
This program is one of the components of the “Made in Ukraine” policy, which is aimed at stimulating demand for Ukrainian products and at the same time creating favorable conditions for the development of production. The program was launched in October 2022.
The program is implemented by the Ministry of Economy jointly with the Ministry of Digital Transformation and Ukrfinzhytlo. The partner banks of eHousing are Oschadbank, Privatbank, Ukrgasbank, Globus Bank, Sky Bank, Sense Bank, Credit Dnipro Bank, MTB Bank, TASKOMBANK and BISBANK.
In just two years, 14,030 loans totaling UAH 22.6 billion have been issued under the affordable mortgage program.
