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State Youth Housing Fund signs 540 contracts in 2022
KYIV. Jan 18 (Interfax-Ukraine) – The State Fund for Support of Youth Housing Construction (State Youth Housing Fund) has concluded 540 contracts with families for the purchase of housing or its transfer to free social rent in 2022.
The relevant data were provided to the Supervisory Board by Board Chairman of the Fund Komnatny, while presenting on Tuesday a public report on the implementation of strategic directions for the development of State Youth Housing Fund in 2022, published on the website of the institution.
According to the public report, in 2022, a total of 471 contracts for the provision of preferential mortgage loans under various programs, 60 residential rental transactions, and nine contracts for compensation of part of the cost of housing were concluded.
At the same time, 352 families of the Fund’s clients, with whom agreements were concluded in 2022, have the status of internally displaced persons (in total, since 2017, the institution has served 1,776 IDP families). Some 36 clients have the status of a participant in hostilities (since 2017 – 1,311 families of this category).
In total, for more than 30 years of activity, 42,155 citizens of Ukraine have become clients of the State Youth Housing Fund.
According to the information voiced, an important direction of the Fund’s efforts as a socially oriented institution is participation in the development of legislation regulating the introduction of credit holidays for borrowers whose housing is destroyed or damaged as a result of hostilities, and the possibility of restructuring a loan for citizens who have lost income due to the war.
As noted in the report, the fundamental role in 2022 was played by the Ukrainian-German project Housing for IDPs, which was implemented by the State Youth Housing Fund and the Ministry of Reintegration at the expense of the German government, provided through the KfW bank. The program was resumed during martial law in Ukraine. So, in 2022, nine random selections of program participants took place, as a result, 332 Ukrainian families purchased housing on the most favorable terms at 3% per annum.
In a number of regions, the implementation of 88 local housing programs continued, of which five new ones were adopted at the regional level in 2022. The fund attracted almost UAH 63 million from local budgets.
The Fund’s charter capital as of January 1, 2023 increased by 4.5% compared to a year earlier and amounted to UAH 611.3 million. The loan portfolio increased by 16% to UAH 2.63 billion. More than 13,000 contracts are being serviced by the institution.
