On Monday 18 September, the Council of Europe Development Bank (CEB) and Catholic Relief Services (CRS) signed a €2 million grant agreement to finance housing repairs for more than 500 vulnerable Ukrainian households in war-affected areas.
This is the CEB’s first operation in Ukraine since the country joined the Bank on 15 June this year.
The homes in question were declared uninhabitable, but assessments carried out by CRS and Caritas established that they were “structurally sound”.
The funds will be used mainly for repairs to roofs, walls, doors and windows.
Priority will be given to female heads of household, the elderly, people with disabilities, and low-income households.
“We are certain that this initiative helps accelerating the implementation of important housing projects in Ukraine, with CEB’s financial support and expertise”, said Carlo Monticelli, Governor of the CEB. (Original version in French by Véronique Leblanc)