Turkey Extends Istanbul Urban Renewal Support Until 2027
The Half of Us From Us campaign deadline has been extended to December 31, 2027, with over 123,000 housing units completed.
KEY POINTS
- Campaign deadline extended from December 31, 2026 to December 31, 2027
- 123,396 housing units completed under the campaign
- 1.875 million lira total support per home
- 1.007 million units transformed nationwide since 2012
- Loan repayments start two years after permit and last up to 10 years
Turkey has extended the Half of Us From Us urban renewal support program in Istanbul until December 31, 2027. The campaign, which began on February 22, 2024, was originally set to end on December 31, 2026.
More than 123,000 independent housing units have completed transformation under the campaign. Nationwide, 1.298 million units have been included in urban renewal since 2012, with 1.007 million completed and 291,000 still underway.
“Istanbul has no time to lose. We must definitely carry out the transformation for a resilient city against all disasters.”
Homeowners receive up to 1.875 million Turkish lira per home, consisting of an 875,000 lira grant, an 875,000 lira loan, and 125,000 lira for relocation. Workplace owners receive 1 million lira in total support.
Loan repayments begin two years after obtaining a building permit and can last up to 10 years. No interest is charged in the first year of repayment.
Environment, Urbanization and Climate Change Minister Murat Kurum urged citizens not to delay and to identify risky buildings to start the transformation process.
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