Act on supporting
thermomodernization and renovation
(Journal of Laws No.
223, of Dec. 18, 2008)
The Act replaced a
10-year-old Act on supporting thermomodernization undertakings of
1998. The amended Act supplements the system of financial support for
thermomodernization undertakings with a possibility of obtaining
financial support also for renovation undertakings. The funds for
subsidies are managed by Bank Gospodarstwa Krajowego (BGK) that is
the disposer of the Thermomodernization and Renovation Fund.
The aim of the
Thermomodernization and Renovation Fund is to help investors finance
thermomodernization and renovation undertakings that are co-financed
with loans from commercial banks. The subsidy known respectively as:
is the source of
repayment of a part of the loan contracted for thermomodernization or
renovation.
The act