Appartment Buildings and Multiple Family Housing



Groups of individual apartment owners, condominiums and companies implementing the investment can apply for loans million and grants up to 35% to refurbish apartment buildings and increase the building’s energy and resource efficiency.

Loans and grants can be provided for the financing of technologies selected from the list of eligible equipment or other measures, approved by KyrSEFF+. These include for example:

  • Double and triple glazing windows
  • Modern windows and insulation for loggias or balconies
  • Insulation of walls, roof, doors
  • Installation of thermostats
  • Efficient air conditioning with heating function
  • Solar water heaters
  • Efficient boilers

Related project components, which don’t have an energy and resource saving effect, may be included in the KyrSEFF+ loan and may account for up to 50% of the value of the eligible project components. For individuals, households and homeowners, KyrSEFF+ offers a simple process, which enables borrowers to reap the benefits of energy savings much quicker.

In order to ensure money is used for maximum impact, the loans and grant scheme focuses on equipment and solutions that have been pre-approved by KyrSEFF+. A list of pre-approved equipment is available on our website under ‘List of Eligible Equipment’ (sollte ein hyperlink zu punkt 4 aus der obigen Liste sein). For these types of investments, KyrSEFF+ offers a grant of up to 20% on the eligible loan amount. The grant amount is limited to certain caps per installed measure as shown in the table below:

Eligible Measure for Groups of residents/apartment owners Condominum/Associations of Appartment Owners and Eligible Commercial Entities
Refurbishment New Building
Thermal protection of buildings 25% 30% 20%
Increase of the efficieny of heating system 20% 25% 15%
Renewable energy and water saving measures 25% 30% 20%
Combination of both measures above 30% 35% 25%

New Apartment Buildings and Multi-Family Buildings

New buildings and buildings under construction can also qualify for KyrSEFF+ loans up to US$ 1 (or higher with special permission from EBRD) and grants up to 35%, where the grant is only payable upon official commissioning and/or when the permit of use is in place. The key criteria for new buildings to qualify I that the investment should result in a higher building energy efficiency standard (e.g. for windows, insulation, boilers and heating system, air conditioning, etc) than demanded by the local building regulation. Our team of experts will support interested investors in defining these improvements.


Who can get KyrSEFF loans and grants for building level projects?

  • Groups of individual apartment owners, homeowner associations, condominiums
  • Construction and housing management companies, other companies implementing the project on behalf of the building owners
  • Investors approved by our Partner Banks

For existing multi-apartment buildings and groups of owners

For existing multi-apartment buildings and groups of owners the same process as for individual homes applies (see below), as each owner in a group will have to apply for a KyrSEFF+ loan. If in doubt, please contact our KyrSEFF+ team, who will be happy to assist.


Project preparation

Prepare a list of energy efficiency measures you would like to implement as well as a list of materials and equipment you intend to use. For your convenience, we have developed a list of high-quality material and equipment approved by the KyrSEFF+ experts. If you want to use other material and equipment, please contact our office and the KyrSEFF+ engineers will evaluate them for potential inclusion in our list.

Also, please contact our KyrSEFF+ team for free-of-charge advice regarding optimal solutions, if you are not certain what the best solution for your home could be.

Contact the company, which will supply and install the equipment selected by you and obtain a preliminary commercial proposal. The list of suppliers and installation contractors can be found here

Getting the loan

Visit your chosen partner bank and fill in the standard application form.Submit this application form to the bank, together with the supplier’s quotation or a preliminary estimate of proposed measures, and all other necessary documents as listed on the partner bank’s website. The bank will check your loan application and send their application documents to us.

Our consulting team assesses the energy efficiency measures included in your project and informs the bank of project eligibility. After that, you sign a loan agreement, receive loan funds and implement your project.

Please note that KyrSEFF+ has no influence on the credit approval process and conditions (mortgage, loan security, interest rates and repayment conditions) of the partner banks.

Getting the grant

Once the project is completed, please contact your bank (no later than 4 months after signing the loan agreement), submit an Acceptance Certificate for completed construction work and a document evidencing payment of equipment/installation (a receipt from supplier, act of completion (zakupochnyi akt), etc ) and request the payment of the grant.

Our consulting team assesses the energy efficiency measures included in your project and informs the bank of project eligibility. After that, you sign a loan agreement, receive loan funds and implement your project.

The grant will be paid around 30 days after successful verification of your project documents or on-site inspection by KyrSEFF+ representatives. On-site inspections will be carried out on 10% of randomly selected projects.

For new multi-apartment buildings and legal entities

For new multi-apartment buildings and legal entities (e.g. construction companies) the same process as for business projects applies (see below). If in doubt, please contact our KyrSEFF+ team, who will be happy to assist.

Please complete the Project Application Form for Business Projects. Once you have submit this to a one of our Partner Banks or contact our KyrSEFF+ Team.


Who can Apply for a Loan for new Apartment Buildings?

Companies or entrepreneurs wishing to benefit from a KyrSEFF+ loan and grant for new Apartment Buildings should fulfill the following criteria:

  • At least 51% privately owned
  • Incorporated and operating under the laws od Kyrgyzstan
  • Creditworthy and commercially viable according to our Partner Banks
  • In compliance with applicable national environmental and health and safety standards
  • Not engaged in any activities listed in the EBRD’s Environmental Exclusion and Referral List