In Ukraine, they may change the rules for purchasing housing using housing vouchers as part of the єOselya program. In particular, they plan to allow migrants to take out a mortgage on such real estate..

The corresponding norm is spelled out in bill No. 15335, which on September 15 was approved in the first reading by 278 votes of people’s deputies (nominal voting - follow the link). The authors of the proposal are a group of people’s deputies headed by “servant” Sergei Kozyr.

The Chairman of the Parliamentary Committee on the Organization of State Power, Local Self-Government, Regional Development and Urban Planning, Elena Shulyak, explained the consequences of the adoption of the new bill:.

“A housing voucher, that is, state assistance in the amount of up to 2 million hryvnia provided to people who lost their home due to war, is a specific tool for the purchase or construction of new housing. But their recipients often could not buy or complete housing with these funds alone, because credit financing was also required, including mortgage. Current legislation did not allow the use of such housing as collateral for a bank, that is, combining a voucher with a mortgage loan was legally difficult or impossible,” explained Shulyak.

In addition, the bill harmonizes the statutory five-year ban on the sale of such housing with a mortgage mechanism.

Thus, if the borrower does not pay, the bank will still be able to foreclose on the property.

“The state provides displaced housing voucher holders with another real tool to become home owners, and not just receive partial compensation. A housing voucher and a mortgage can now work together, and with the simplified conditions of the Yosel program, this significantly expands the opportunities for people who lost their homes due to war,” Shulyak emphasizes.