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Financing of multi apartment building renovation continues through newly established fund

2015-03-30

From the 27th of March renovation of multi apartment buildings will be funded through newly established Multi apartment building modernization fund (DNMF). Funds for the renovation will be provided as soft loans.

 

DNMF was established by the agreement between the Ministry of Finance, the Ministry of Environment and Public Investment Development Agency (VIPA).

 

DNMF is a part of 2014-2020 European Regional Development Fund and manages 30 million euros.

 

Until the 27th of March renovation of multi apartment buildings was funded through 2007-2013 JESSICA initiative.

 

 

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