€25 million to help Ukrainian cities provide better housing for internally displaced people

The European Union and the International Finance Corporation (IFC), a member of the World Bank group that focuses on the private sector in developing countries, have joined forces to help Ukraine refurbish municipal buildings for internally displaced persons (IDPs).

The IFC will send up to €25 million in EU funds in the form of grants to municipalities, allowing thousands of people to have their housing upgraded. 

The project will be piloted in Lviv, the largest city in western Ukraine, which as of September 2022 had provided shelter to almost 245,000 IDPs. The aim of the partnership is to help ease the pressure on social cohesion by reducing the burden on public services. 

To ensure safe and comfortable housing for displaced people, the partners agreed on a number of criteria to be applied when selecting buildings, including the quality of utility connections and proximity to social infrastructure such as public transport, schools and health facilities.

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Press release