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We offer apartment buildings various kinds of financial services to help to increase energy performance and improve the indoor climate.

Both non-returnable support and loan guarantees are available through KredEx.

Services for apartment associations

  

Apartment renovation loan

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.

Loan guarantee

A loan guarantee is useful if a company wishes to use a bank loan, a lease or bank guarantee but lacks sufficient collateral or operating history to be issued a loan.

Renovation grant 2020

Applications can be submitted from 11 June 2020. 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.

Renovation grant 2019

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.

Renovation support 2014-2018

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 support is meant for associations and local governments who wish to renovate their apartment building as fully as possible. The support can be combined with loans issued by credit institutions and the apartment association’s own funds.

Electrical system renovation support

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.