Energy-Efficient Renovation Mortgage Loans

Energy-efficient renovation loans are provided within the framework of the State Assistance Programme, which offers mortgage loans for energy-efficient renovation of your apartment or individual residential house and provides partial or full subsidies of the loan interest rate.  

Energy-efficient renovation includes purchase of energy-efficient building materials as well as carrying out the following measures: thermal insulation of walls, roofs, inter-floor constructions; purchase, replacement or installation of exterior doors and windows; purchase, replacement or installation of heating or water heating boiler (based on gas supply or electricity) and heating system components (pipes, sections, etc.); purchase and installation of cooling systems, energy-efficient ventilation fan, air conditioner; purchase and installation of solar systems (water heating, photovoltaic system); purchase of LED lamps and light fixtures.

The following part of the loan amount shall be used for energy-efficient measures:

1) At least 20% of the loan amount – for apartments

2) At least 30% of the loan amount – for individual residential houses

Renovation under the program must be completed at least 12 months after the issuance of the full loan amount.

When issuing more than one loan under the Programme to the same borrower, for different apartments, as well as applying the condition of termination of subsidy payments in case of taking а loan from other financial organizations (or from the same financial organization) more than once, according to the clauses above, within the framework of the Programme, in case of one apartment (residential house) the interest rate is subsidized only for one loan, taking into account that the fact of receiving a loan from different financial organizations under the Programme for the same apartment (residential house) serves as a basis for termination of subsidy payments. This, however, does not limit the right of the same person to re-use the Programme and take a loan from the same or other financial organizations under the Programme for different apartments (residential houses) in compliance with the conditions established by the Programme and the Procedure.

The purchase of household appliances shall not exceed 10% of the loan amount, but the State Assistance Programme does not cover the costs associated with the purchase of furniture.