HOUSING

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The overall objective of the Housing Project is to support the development of a housing market to meet the housing needs of the Ukranian people. Specifically, the project will aim to: a) further private ownership of housing and fully privatized apartment buildings by selling all apartments financed by the loan to city residents; b) promote resident take over of the management and maintenance of their buildings through formation of homeowners' (condominium) associations; c) encourage the growth of private housing developers by providing access to land with infrastructure for housing construction and simplifying building regulations; d) pilot competitive bidding in selection of contractors; and e) further housing reform through policy studies. Project components will consist of completion of selected unfinished municipal housing for sale to city residents in Lviv and Odesa, development of land sites for sale to private developers for further residential construction in Kharkiv and Lviv, housing policy studies and technical assistance for project implementation and capacity building.