Denmark will assist Ukraine with affordable housing through a non-commercial model
Denmark plans to launch an affordable housing project in Ukraine, relying on its successful social model
In Denmark, an initiative called "Ukrainian Housing for All" has been created. This initiative aims to implement the Danish approach to social housing in Ukraine, which allows providing affordable housing to people regardless of their income, age, or social status, as reported on the foundation's website.
Rent in such houses is significantly cheaper than the market value and does not change. All money received from rent goes towards the maintenance of houses and the construction of new ones, while residents actively participate in managing the housing.
The project team includes architects from renowned companies such as Henning Larsen Architects and Rambøll, lawyers, and experienced politicians, including the former Mayor of Copenhagen.
The initiative emerged in response to the destruction in Ukraine caused by the war, and its goal is not only restoration but also improvement of living conditions.
As Bent Madsen, CEO of the Danish Federation of Non-Commercial Housing, notes, this is an opportunity to make the rental market more resilient and accessible to everyone.
Plans include the development of a concept and cooperation with Ukrainian municipalities, as well as the launch of three pilot projects in partnership with local partners.
It was previously reported that Canada decided to extend restrictions on the acquisition of real estate by foreign nationals until 2027, aiming to stabilize housing prices and ensure the accessibility of the real estate market for Canadians.