Innovative and tailored Financing Schemes for
Social Housing Refurbishment in Enlarged Europe

VKA2-Projects

InoFin

The main objective is to contribute to increasing the energy efficiency in social housing by at least 30% on average, contributing to an overall reduction of about 5% in EU energy use, main beneficiaries being the inhabitants of social housing.

Based on the previous action LOCOSOC, partners found out that missing innovations in financing refurbishment projects is one of the biggest obstacles to reach EU targets. Therefore East European partners from Czech Republic, Poland, Latvia, Bulgaria and Slovak Republic joint forces with West European partners from advanced countries like the Netherlands and Denmark to develop innovative Tailored Financing Schemes. Partners follow the objectives of the key actions “retrofitting of social houses” (VKA2) and “financing mechanisms” (HKA3) to identify key factors for success and failure of financing schemes and to share these experiences in order to accelerate the take-up of best practices. They facilitate the development of innovative financing schemes through helping to remove economic barriers to investments related to the SAVE and ALTENER field of this programme.

As such distortions exist they develop way to remove the causes for these distortions and thus ensure fair competition. By analyses, design, extensive collaboration with market actors and dissemination they will bring newly developed schemes to market actors and public institutions, influencing energy efficiency on the demand side.

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