New rules to speed up renovation of old apartment blocks2015-04-03
Starting from 1 April, a new procedure takes effect for submitting applications for renovation of old apartment blocks.
From now on, calls for applications will be announced by the Ministry of Environment after budgeting the funding available from banks and state budget allocations. The ministry will be responsible for managing renovation quotas, setting application submission deadlines and special design requirements, and approving application selection and evaluation criteria.
Applications for support will be subject to the special rules of procedure, signed into force by Environment Minister Kęstutis Trečiokas.
The new rules will require a specific deadline to be established for preparing building renovation investment plans, which is expected to speed up actual project implementation.
Public Information Division