The Warmth of Home: Grant scheme for the renovation of MFABs

The Warmth of Home: Grant scheme for the renovation of MFABs

Duration

2015

Recipients

Condominiums and housing cooperatives

Managing body

Ministry of National Development

Volume of funding

~€28.6 million (10 billion HUF)

Own contribution

Max. 50%

Details

One of the sub-programmes of The Warmth of Home is often called Panelprogram III., as it targeted MFABs similarly to the grant schemes of 2001-2009. The new funding was also available for buildings built with traditional technology. Unlike the schemes before 2010, this grant required the applicants to choose from certain renovation packages corresponding with different levels of intensity. Those who applied for a more costly package (e.g. renewables) had to guarantee a certain level of energy saving and were entitled to a higher subsidy rate. Together with the 2001-2009 scheme around 23% of flats in buildings built with industrial technology in Budapest were renovated.

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