By decision of the European Commission and pursuant to Council of Ministers Decree No. 22 of 29 January 2026, the Bulgarian Development Bank (BDB) has taken over the implementation of Investment C4.I9 “Subsidy Scheme – Renovation of Residential Buildings” under the National Recovery and Resilience Plan (NRRP).

The Bank is responsible for the management and financing of the programme, which aims to stimulate investment in improving the energy efficiency of residential buildings across the country.

The programme provides grant funding to associations of residential property owners. The funding is provided under a grant agreement concluded between BDB and the lead partner – the respective municipal administration.

Automatic Transfer

All project proposals under procedures BG-RRP-4.023 and BG-RRP-4.024, included in Sub-measure 1 “Support for Sustainable Energy Renovation of the Residential Building Stock” under Investment C4.I1 “Support for Renovation of the Building Stock”, and listed in Annex 1 to Council of Ministers Decree No. 22/2026, have been transferred to the programme.

Confirmation of Interest

There is no need to resubmit documents or submit a new application. Municipalities, in their capacity as lead partners, are only required to confirm their interest.

Existing Contracts Remain in Force

All contracts already concluded under completed public procurement procedures remain valid and continue to be in force.

Project Verification

BDB will verify the eligibility and compliance of project proposals for which financing agreements have been concluded with the Ministry of Regional Development and Public Works (MRDPW).

100% Grant Funding

The programme has a budget of EUR 246,556,225, which will provide 100% grant funding for the selected projects under Stage 1 and Stage 2 for which no payments have been made to date. This change safeguards more than EUR 240 million in NRRP funding, enabling the renovation of a significantly larger number of residential buildings across the country.

Deadlines

Deadline for concluding financing agreements: August 2026.