The government has resumed financing of the "Energodim" and "VidnovyDIM" condominium programs

EconomicsBy: November 13, 20261 min read
The government has resumed financing of the "Energodim" and "VidnovyDIM" condominium programs

The Cabinet of Ministers transferred UAH 630 million to the authorized capital of the Energy Efficiency Fund. The fund confirmed that the funds have already been deposited into the institution's accounts - this allows us to resume accepting applications from associations of co-owners of multi-apartment buildings (OSBB) for participation in the state programs "Energodim" and "VidnovyDIM".

What are "Energodim" and "VidnoviDIM"

The "Energodim" program compensates part of the costs of condominiums for thermal modernization of housing - insulation of facades and roofs, replacement of windows and heating systems. The more energy-efficient solutions the co-owners choose, the greater the share of costs the state is willing to cover. VidnovyDIM, on the other hand, aims to restore apartment buildings damaged by Russian shelling and missile attacks - from partial repair of structures to replacement of engineering networks.

Both programs are administered by the Energy Efficiency Fund - a state institution that pays compensation directly to the accounts of contractors or material suppliers after confirming the completed works. Previously, the acceptance of new applications had to be suspended due to lack of funding, so the replenishment of the authorized capital effectively restores access to the programs for those condominiums that were waiting for their turn.

For housing associations, this means the opportunity to re-submit documents for reimbursement of insulation costs or damage repairs without having to cover the entire amount yourself. As of now, the fund has not specified the period for which the calculated UAH 630 million will be enough and how many applications are planned to be accepted in the near future.

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