{"id":83968,"date":"2015-01-29T14:26:53","date_gmt":"2015-01-29T14:26:53","guid":{"rendered":"https:\/\/armbanks.am\/2015\/01\/29\/242283\/"},"modified":"2024-12-15T13:16:04","modified_gmt":"2024-12-15T13:16:04","slug":"national-mortgage-company-presents-new-brand-of-social-housing-energy-efficiency-financing-program","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/01\/29\/83968\/","title":{"rendered":"National Mortgage Company presents new brand of social housing energy efficiency financing program"},"content":{"rendered":"<p><strong>YEREVAN, January 29. \/ARKA\/.<\/strong> Armenia&#8217;s National Mortgage Company\u00a0 (NMC)has presented today the new brand of social housing energy efficiency financing program, \u201cJerm Ojakh\u201d (Warm Home).<\/p>\n<p>From now\u00a0 on the program\u00a0 launched\u00a0 in April 2014 will be\u00a0 circulated\u00a0 under\u00a0 \u201cJerm Ojakh\u201d\u00a0 brand\u00a0 name\u00a0 reflecting\u00a0 its main\u00a0 goal\u00a0 to\u00a0 create\u00a0 comfort\u00a0 and warmth\u00a0 in\u00a0 each\u00a0 Armenian house. The logo of \u201cJerm Ojakh\u201d brand has also been developed to raise public awareness about the program, NMC said in a press release.<\/p>\n<p>It said the main purpose of \u201cJerm Ojakh\u201d program is to enable low and middle-income households to renovate their\u00a0 habitation,\u00a0 improve\u00a0 living\u00a0 conditions\u00a0 and\u00a0 quality\u00a0 of\u00a0 life,\u00a0 reduce\u00a0 residential\u00a0 energy\u00a0 expenses,\u00a0 as\u00a0 well\u00a0 as\u00a0 promote\u00a0 the development of energy-efficient housing stock\u00a0 in\u00a0 towns and villages of Armenia.<\/p>\n<p>There are two\u00a0 categories\u00a0 of\u00a0 sub-loans\u00a0 offered\u00a0 by\u00a0 the program: micro\u00a0 or\u00a0 small\u00a0 renovation\u00a0 loans\u00a0 (EUR\u00a0 500\u00a0 to EUR\u00a0 4.000,\u00a0 equivalent AMD) and medium sized loans (EUR 4,001 to EUR 10.000, equivalent AMD) with 11-14% interest\u00a0 rate,\u00a0 from\u00a0 6 months\u00a0 to\u00a0 2\u00a0 years\u00a0 grace\u00a0 period\u00a0 and\u00a0 the\u00a0 possibility\u00a0 of\u00a0 getting\u00a0 5-10%\u00a0 grants\u00a0 depending\u00a0 on\u00a0 the\u00a0 spending amount for energy efficient renovation and the level of achieved energy efficiency.<\/p>\n<p>The\u00a0 technical\u00a0 assistance\u00a0 of\u00a0 the\u00a0 program\u00a0 is\u00a0 provided\u00a0 by Kommunalkredit\u00a0 Public Consulting GmbH\u00a0 (KPC),\u00a0 MicroEnergy\u00a0 International GmbH\u00a0 (MEI)\u00a0 and\u00a0 the National Social Housing Association of Armenia\u00a0 (ASBA)\u00a0 foundation.\u00a0 The\u00a0 assistance\u00a0 project\u00a0 includes\u00a0 implementation\u00a0 of\u00a0 communication,\u00a0 marketing\u00a0 and\u00a0 awareness- raising activities; transmission of knowledge and capacity building to the partners; administration of the bonus\u00a0 granting mechanism and monitoring of the program results.<\/p>\n<p>\u201cJerm\u00a0 Ojakh\u201d\u00a0 program\u00a0 is\u00a0 implemented\u00a0 by\u00a0 the\u00a0 National Mortgage\u00a0 Company\u00a0 with\u00a0 the\u00a0 financial\u00a0 support\u00a0 of\u00a0 Agence\u00a0 Fran\u00e7aise\u00a0 de\u00a0 D\u00e9veloppement\u00a0 (AFD).\u00a0 The technical assistance component is funded by the EU Neighborhood Investment Facility (NIF). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s National Mortgage Company  (NMC)has presented today the new brand of social housing energy efficiency financing program, \u201cJerm Ojakh\u201d (Warm Home)<\/p>\n","protected":false},"author":1,"featured_media":166435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12202,9216],"tags":[13156,12459,13190,12369,13844],"class_list":{"0":"post-83968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-loan-organizations","8":"category-news","9":"tag-energy-efficiency","10":"tag-financing","11":"tag-nmc","12":"tag-program","13":"tag-social-housing"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/83968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=83968"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/83968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/166435"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=83968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=83968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=83968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}