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Turkey extends Istanbul urban transformation support to 2027
The Turkish government has officially extended the deadline for the ‘Yarısı Bizden’ (Half from Us) urban transformation campaign in Istanbul to December 31, 2027. The decision, published in the Official Gazette, aims to accelerate the renewal of the city's building stock to increase resilience against potential disasters.
Under the program, citizens undergoing building-based transformation projects can receive financial support totaling 1,875,000 TL per residence. This includes an 875,000 TL grant, an 875,000 TL loan, and 125,000 TL for moving expenses. For commercial properties, the support includes a 437,500 TL grant, a 437,500 TL loan, and 125,000 TL for moving costs.
In large-scale, area-based transformations, TOKİ or Emlak Konut will manage the construction. In these cases, the 875,000 TL grant is deducted from the building cost, with any remaining debt being paid in installments under favorable long-term conditions. As of late September, the number of completed independent units under the campaign has reached 123,396.
Entities
Capital Markets Board · Emlak Konut · Istanbul · Ministry of Environment, Urbanization and Climate Change · Ministry of Treasury and Finance · Murat Kurum · Recep Tayyip Erdoğan · TOKİ · Turkey
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Şinasi Candan was appointed to lead the Revenue Administration. www.eskisehir.net · www.anadoludabugun.com.tr
- [○ 1 SOURCE] The Presidency issued 14 appointment decisions in the October 20, 2026, Official Gazette. www.gazetearena.com
- [● 2 SOURCES] Kutluhan Taşkın was appointed as Deputy Minister of Treasury and Finance. www.eskisehir.net · www.anadoludabugun.com.tr
- [○ 1 SOURCE] Capital Markets Board President Mahmut Sütcü was removed from office. www.anadoludabugun.com.tr
- [● 4 SOURCES] Oğuzhan Kurt was officially appointed as the Provincial Director of Environment, Urbanization and Climate Change in Balıkesir. www.gazetearena.com · gazetemerhaba.com · www.eskisehir.net · www.anadoludabugun.com.tr
- [○ 1 SOURCE] Urban transformation construction assistance in Istanbul has been extended until December 31, 2027. www.gazetearena.com
- [○ 1 SOURCE] Urgent expropriation decisions were made for projects in Mardin, Denizli, and Samandağ. www.gazetearena.com
- [○ 1 SOURCE] İbrahim Ömer Gönül was removed as President of the Public Oversight, Accounting and Auditing Standards Board. www.anadoludabugun.com.tr