The Ministry of Economic Affairs and Communications and KredEx are preparing a pilot project which will create prerequisites for accelerating the reconstruction of apartment buildings and reducing the cost of reconstruction. Soon, it will be possible to fix up, with the aid of the State, apartment buildings that were built on the basis of a standardised design, by using prefabricated components to do so.

The loan is directed towards those apartment associations that have received a negative response to their renovation loan application from a bank or an offer with unreasonable terms (e.g.

A loan guarantee is suitable for apartment associations who want to take a bank loan for financing work performed to raise the quality of life for their residents but whose risk is deemed by banks to be higher than normal (e.g. a high share of people are in debt, the apartment is a building located in an area with low property values or in a monofunctional settlement, the investment per square metre is significantly higher than normal).

The objective of the extraordinary apartment building reconstruction grant is to facilitate the reconstruction of apartment buildings to be energy-efficient, to improve indoor climate and safety, and to mitigate the effects of the emergency situation that was announced on 12 March 2020, in the construction sector.
The comprehensive reconstruction of an apartment building makes it possible to increase the energy efficiency of the building, extends its useful life, raises its value on the real estate market, and provides an improved internal climate. This grant is geared towards apartment associations and local governments that are looking to reconstruct their apartment building as comprehensively as possible.

Comprehensive renovation of an apartment building helps improve the energy performance of the building, prolongs its lifetime, increases its value on the real estate market and ensures better indoor climate. The grant is intended for apartment associations and local authorities who want to renovate their apartment building as comprehensively as possible.

A comprehensive renovation of an apartment building increases energy performance, extends the building’s useful life, raises property values and improves the indoor climate. The grant is meant for associations and local governments who wish to renovate their apartment building as fully as possible. The grant can be combined with loans issued by credit institutions and the apartment association’s own funds.

The purpose of the support is to provide partial funding for the renovation of electrical systems in buildings in Tallinn that use the old voltage system (3×220 V), with the purpose of changing the buildings over to the new 3x230/400V voltage system.

The purpose of the demolition grant is to support local governments or entities under their control in the demolition of buildings and structures that have fallen out of use, and which are located on an immovable belonging to them, which are in danger of collapsing or represent a fire hazard, if the renovation or transfer of such buildings and structures is not expedient.

The housing development investment support is meant to allow local governments to erect new buildings with rental units or renovating existing buildings for that purpose. The goal of granting the support is to ensure that mobile workers enjoy better access to the residential rental market and to promote investments into establishing residential space for the population.

Information about completed grants