Yerevan/Mediamax/. Habitat for Humanity Armenia Foundation jointly with Inecobank CJSC implements a two-year renovation project of common use premises in multi-apartment buildings.
 
The aim of the project is to help 200 families living in apartment buildings to repair common use premises including roofs, entrances, water pipes, elevators, as well as ensure heat isolation of the buildings.

The pilot project was launched in the city of Vanadzor of Lori region in July 2011, where the roof renovation of the second building has already started.

The project is implemented in close cooperation with Vanadzor Municipality, as a result of which the latter provides 40% subsidy.

Habitat for Humanity Armenia plans to expand the scope of the project throughout Armenia by implementing it in all regions of the republic.

The problem of upgrading common use premises can successfully be solved through a most efficient financial product developed by Inecobank for this project.