In addition to the supports previously put into use, the Ministry of Environment, Urbanization and Climate Change introduced the new support package, which aims to accelerate the transformation and to be better prepared for possible natural disasters by providing support for the urban transformation of buildings located in risky areas or at risk itself, on 17 March. had explained. After the announcement, the Ministry announced the most frequently asked questions and answers under the curious title of "Urban Transformation Loan in 10 Questions" with a post on its official social media account.
The 17 questions and answers about the support packages prepared for the owners, contractors and housing producers for the urban transformation announced on March 10 by the Ministry of Environment, Urbanization and Climate Change and the Ministry of Treasury and Finance were explained one by one from the official social media account of the Ministry.
The Ministry of Environment, Urbanization and Climate Change carries out the construction process of temporary and permanent residences in 11 provinces affected by the earthquakes in Kahramanmaraş, while simultaneously continuing the urban transformation program. According to the statement made by the Ministry, the works for the construction of new structures and urban transformation are continuing rapidly, and appropriate financing opportunities are provided in this context.
In addition to the supports previously put into use, it is now aimed to accelerate the transformation and to be better prepared for possible natural disasters by providing support for the urban transformation of buildings located in risky areas or at risk.
Within the scope of the Urban Transformation Financing Package, the following questions and answers were included under the title of “Urban Transformation Loan in 10 Questions”, which was curious by the public, in the support package prepared for the transformation of buildings located in risky areas or at risk itself:
1.) What will be the state support in the Urban Transformation loan?
1.49 of the 0.70 interest rate will be met by the Ministry of Environment, Urbanization and Climate Change, and the loan will be available with 0.79 interest.
2.) Are there any conditions to benefit from the Urban Transformation loan?
Those who have risky structure determination made by the institutions authorized by the Ministry of Environment, Urbanization and Climate Change will be able to apply to the bank.
3.) Will the tenants be able to benefit?
Tenants who have been living in a risky structure for at least 1 year or limited real rights holders on the condition of residing will be able to benefit.
4.) Can 1 person use a loan for more than one building?
The total loan amount to which interest support will be provided on behalf of a beneficiary cannot exceed 3 million TL. If he can convert a few flats under this amount, he will be able to benefit.
5.) Will the interest rate change for the conversion loan for the second flat?
0,79 for the first circle; for the other, a loan will be given at a rate of 0,89.
6.) How many credits can those who want to transform their workplaces get?
He will be able to get a loan of 1,10 thousand TL with an interest rate of 800 for the workplace.
7.) How many years will the maturity be made?
Mortgage of 10 years for housing loans and 7 years for workplaces will be applied.
8.) Will there be a time limit for the application?
Within 3 years from the date of evacuation or demolition, applications can be made to banks for interest-supported/profit share loans.
9.) Do all neighbors have to agree to benefit from credit support?
In order to benefit from the loan support, the building must be evacuated by agreement.
10.) For the conversion of an apartment with 15 flats, will a separate loan be given to 15 flats?
If the beneficiaries are different, 15 flats will also be able to benefit from the loan.