Baltic Energy Efficiency Network for the Building Stock

Programme for the Modernisation of Multi-family Buildings

Based on the provisions of the National Energy Strategy and by implementing the Lithuanian Housing Strategy and measures for the implementation of the Lithuanian Housing Strategy for 2004–2006, the Government adopted the Programme for the Modernisation of Multi-family Buildings, which started in 2005. (Read here full text in Lithuanian).

Its principal aim is to help the owners of flats in multi-family buildings to modernise their housing stock and to increase efficiency of energy use, to reduce heating expenses and ensure favourable conditions for low income residents to modernise their apartments in prefabricated buildings.

The aims of the programme are:

• to create favourable conditions for commercial banks to finance the modernisation of prefabricated apartment buildings;
• to ensure that the credits provided from commercial banks were accessible for the homeowners' associations in the prefabricated housing stock; to support low income population and enabling them to participate in modernisation projects of multi-family buildings;
• to ensure high quality execution of modernisation projects; to ensure various forms of support and financial, technical and organisational consultancy for the homeowners' associations when implementing modernisation projects.

Participants in the programme:

• Apartment owners/homeowners' associations
• Housing and Urban Development Agency
• Municipalities
• Commercial banks (7 banks provide commercial loans)
• Housing loans insurance company (founded by the Ministry of Finance), etc.

More about the implementation of the Programme for the Modernisation of Multi-family Buildings you find here.

Financing Scheme

State support depends on implemented energy efficiency measures (15%-30%-50%), families with low income are also supported by the state.