Technical Support and Promotion in Multi-Apartment Building Modernization (BETA Agency)

At the introduction of the multi-apartment modernization program, just few building applied for the modernization loans. MABR was struggling, because: (1) public relations program failed (final beneficiaries were not aware of the program); (2) multi apartment owners were poorly organized; (3) financial intermediaries did not wanted to take on an extra administrative work (e.g. technical evaluation, reporting, creating new accounting systems and etc.).
As a response to these issues state established agency (BETA) responsible for: (1) providing support with project/program preparation and implementation; (2) MABR program coordination and assistance to municipalities administrators; (3) evaluation of the project documentation; (4) supervision of project implementation; (5) monitoring; (6) administration of the State subsidy provided to the project implementers; (7) organizing capacity building programs, trainings and public information activities.