Ukraine's 'YeOselya' Initiative: Over 22,000 Families Secure Housing with 40 Billion Hryvnia in State-Backed Mortgages.

Ukraine's Affordable Mortgage Program: 'YeOselya'

According to TSN.ua: Launched in 2022, Ukraine's state-backed 'YeOselya' affordable mortgage program offers families annual interest rates of just 3% or 7%. This initiative has proven vital for housing access during a period of national challenge, also stimulating the domestic construction sector. To date, more than 22,000 families have utilized the program to purchase homes, with the total value of these transactions reaching approximately 40 billion hryvnias.

Key Program Features

The 'YeOselya' program provides loan terms of up to 20 years. The preferential interest rate is fixed for the first decade, after which it rises to either 6% or 10%, depending on the borrower's category. A minimum down payment of 20% is required, though this can be reduced to 10% for younger applicants. The program sets limits on purchasable living space: 52.5 m² for a 1-2 person family, with an additional 21 m² permitted for each subsequent member.

As of early 2026, around ten Ukrainian banks are participating, including Oschadbank, PrivatBank, Ukrgasbank, Sense Bank, TASCOMBANK, and Globus Bank. The maximum allowable price per square meter of housing cannot exceed twice the regional average indirect cost. Special conditions are available for priority groups such as military personnel, security and defense sector workers, medical professionals, teachers, and scientists, who qualify for the lowest 3% mortgage rate.

In summary, the 'YeOselya' program aims to improve housing accessibility for Ukrainians by offering favorable loan terms and supporting various social groups. The program reflects a broader government effort to provide economic stability and address social needs. Its growing uptake highlights a strong public demand for affordable housing, which in turn energizes the real estate and construction markets. This state commitment to supporting vulnerable populations, including youth and key professional groups, contributes to reducing social inequality and improving living standards across Ukraine.