Association of Management and Administration of Latvian Housing (AMALH LNPAA) Latvian Housing Management

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1 Association of Management and Administration of Latvian Housing (AMALH LNPAA) Latvian Housing Management Girts Beikmanis LNPAA Chairman of the board

2 AMALH has been active since1989, in 1999 it was registered in LR CR AMALH in 2010 established LHMG.. Valka Ventspils Talsi Jūrmala Rīga Limbaži Ādaži Vangaži Valmiera Cēsis Gulbene Alūksne Kuldīga Tukums Ogre Madona Liepāja Grobiņa Saldus Dobele Jelgava Bauska Aizkraukle Jēkabpils Rēzekne Ludza Līvāni Daugavpils AMALH at the moment comprises 39 members (companies) Latvian Housing Management Guild members (individual persons).

3 AMALH cooperates with the Ministry of Economics of the Republic of Latvia, the Latvian Association of Local and Regional Governments, Riga Technical University, Live Warmer, May 2010, establishing LHMG 25 February In the hotel "Islande was started movement Live Warmer, involved 18 participants, including AMALH. AMALH has good cooperation with Housing Administration organisations in Estonia, Lithuania, Germany, Belarus, Russia,

4 Latvian housing stock Private housing in Latvia - mansions 23.4%, apartment buildings 76.6%. Latvian apartments housing stock consists of 36.6 thousand buildings with a total area of million. m2, of which 98% have been constructed until ,563 apartment houses with 679,141 apartments were assigned for privatization. Latvian non-renovated apartment house the average power consumption is 150 to 250 kwh / m2 per year, which is twice as much as the EU( average 90 kwh / m2 per year). Heating costs in non- renovated building is more than 50% of all residential property maintenance related payments,which in winter time is an average 1/4 of family income. Complex renovation can save an average of 45%

5 Dwelling houses renovation in Latvia ERDF support program for a total available of EUR million Source of information - Ministry of Economy, Live Warmer

6 Dwelling houses renovation in Latvia ERDF support program for a total available of EUR million On September 2015, had been completed 625 projects for a total ERDF funding of million. EUR, but the implementation was still 190 projects with a total ERDF funding of million. EUR Since 2011 it is rated and rewarded Latvian energy-efficient building Source of information - Ministry of Economy, Live Warmer

7 Dwelling houses renovation in Latvia ERDF support program for provides a total of EUR 166 million Support s intended rater and provider - ALTUM. The planned ways of support are: - Grant - Guarantees for commercial bank loans and direct Altum loan; - Technical advice to reduce the risks of energy efficiency improvement of project preparation and implementation stage. Conditions for energy efficiency improvement projects in order to qualify for this support will be: - One owner does not own more than 20% of the total residential property or residential space group number (the restriction does not apply to municipalities); - Non-residential floor space does not exceed 25% of the residential buildings of the total area; - Consumption of thermal energy for heating after renovation does not exceed 90 kwh / m2 per year; The hose debt amount for services received in connection with the use of residential property in the last year is less than 10% of the total amount of the bill; Investments must be economically justified - the project internal rate of return (IRR) is bigger than 0, calculated in period of 20 years. The planned amount of grant support: 36% (25% (ALTUM)) kwh / m2 per year; 43% (30% (ALTUM)) kwh / m2 per year; 50% (35% (ALTUM)) - 70 kwh / m2 per year.

8 AMALH Topical Issues in 2015/2016 Administration Register from 2015 the new Building Low (the new norms in the renovation) new ERDF support program for house renovation, from 1 July 2016, administration of Latvian housing also subjects to VAT, in 2016 are planned amendments to the legislation, which provides for the possibility of termination of shared ownership, houses administrators, apartment s owners, tenants framework of mutual relations, apartment s owners community, apartment s owners debt relief issues AMALH and LHMG meetings and seminars

9 Thank you for your attention! Girts Beikmanis T , Association of Management and Administration of Latvian Housing, Lāčplēša iela 24, Rīga, LV-1011(