Oschadbank Invites International Partners to Jointly Develop Grant Programs to Improve Energy Efficiency of Housing in Ukraine

Oschadbank is inviting international financial organizations and donors to jointly develop grant programs aimed at improving the energy efficiency of housing in Ukraine. Such support could complement bank lending and encourage households to invest in home insulation, heating system upgrades, the installation of solar power systems, and other solutions for energy independence.

Anton Tiutiun, Deputy Chairman of the Management Board of Oschadbank, spoke about this at the first conference titled “Housing Reconstruction, Community Revitalization: Scaling Up Housing Solutions for Ukraine’s Recovery and Development,” organized by the World Bank Group and the Ministry of Communities, Territories, and Internally Displaced Persons of Ukraine. The event took place November 3–5, 2026, in Kyiv.

The conference brought together stakeholders involved in the recovery and reconstruction of Ukraine’s housing sector. The event was intended to facilitate dialogue among policymakers, financiers, implementers, technical experts, and representatives of civil society and the private sector, taking into account the multifaceted nature of the housing sector and the need for coordinated action at all levels.

According to Anton Tiutiun, following the full-scale invasion, the criteria by which Ukrainians choose housing have changed. Along with cost and construction quality, energy efficiency, self-sufficiency, and future maintenance costs are becoming increasingly important. Therefore, a promising direction for the development of housing finance is the combination of mortgage products with energy-efficiency modernization programs.

“Today, people evaluate housing not only based on the purchase price, but also on how much it will cost to maintain over the next 15–20 years. We see great potential in programs that combine bank lending with targeted grant support. For example, reimbursing part of the cost of energy-efficient equipment could be a significant incentive for people to invest in their housing. We would like to work with international partners to develop such solutions, particularly for veterans and internally displaced persons, to make energy retrofits more accessible to these groups,” said Anton Tiutiun.

Among other promising areas of cooperation, Oschadbank is considering grant support for the construction of individual energy-efficient housing, portfolio guarantees to expand mortgage lending, and the development of long-term financing instruments.

Since the outbreak of the full-scale war, Oschadbank has issued over 12,000 mortgage loans totaling UAH 20 billion. More than 10,000 of these loans, totaling UAH 17.7 billion, were issued under the government's eOselia program. Since the beginning of 2026 alone, the Bank has issued over 2,600 mortgage loans. Additionally, since 2022, Oschadbank has financed approximately 600 loans for the purchase of residential properties.

Oschadbank emphasizes that international support should not replace commercial lending but rather create conditions for its development. Combining bank resources with grant instruments will make it possible to attract additional financing while promoting energy efficiency in the housing stock and reducing Ukrainians’ energy costs.