Rent and Interest Support from IMM in Urban Transformation

Rent and Interest Support from IMM in Urban Transformation
Rent and Interest Support from IMM in Urban Transformation

IMM; He made historical decisions that will accelerate the urban transformation in Istanbul. Rental assistance of 4 lira will be provided to tenants and beneficiaries living in risky buildings in urban transformation areas. IMM will also pay the interest of the loans of the citizens who will renovate their houses on the "Istanbul is Renewing" platform.

After the Kahramanmaraş-centered earthquakes, experts drew attention to the possible Istanbul earthquake, which accelerated the work of IMM in this area. IMM President Ekrem İmamoğlushared the mobilization plan with the public, in line with the findings of the Earthquake Science Supreme Council and the solutions, in order to make Istanbul an earthquake resistant city. Then, he set a target for taking new steps that will guide the urban transformation studies. 2 important decisions prepared by the IMM Department of Earthquake Management and Urban Improvement, which will accelerate the evacuation, demolition and rebuilding processes of risky structures, were unanimously approved by the IMM Assembly.

RENTAL AID WILL BE MADE TO TENANTS

In today's economic conditions, the IMM Assembly has decided to pay 3 times the rental prices determined by the Ministry of Environment, Urbanization and Climate Change in order to accelerate the transformation process with rent aids.

In this context; In order to rapidly evacuate and renovate 318 buildings that are likely to collapse on their own in the first stage, and 1.207 buildings that are risky in the second stage, rent assistance will be provided to the tenants of the buildings by 4.500 lira per month, and to the resident owners for 18 months, to 4.500 lira per month. Owners who do not reside in the building will be given a monthly rental allowance of 18 lira for 3.000 months. For the tenants living in Risky and Reserve Building Areas under the authority of IMM; 12 lira per month for 4.500 months, and 48 lira per month for the beneficiaries, not exceeding 4.500 months.

AVERAGE RENT IN ISTANBUL 10 THOUSAND LIRA

In the Assembly Decision; Pointing out that the unpredictable increase in housing unit costs in the last 2 years in Istanbul has also increased the rents rapidly, it was stated that the average rental price of a 100 square meter apartment in Istanbul is based on 10 thousand liras. It was emphasized that high rental prices are an important problem that both exacerbates the housing problem and clogs the urban transformation processes.

IMM WILL PAY THE INTEREST OF THE BANK LOAN

The IMM Assembly also unanimously approved the proposal to "provide interest support for loans to be used by beneficiaries in risky structures". According to the decision; The interest of the construction loan up to 6306 million liras to be used by low-income citizens from banks for the renewal of risky structures determined within the scope of Law No. 1 will be paid by IMM.

The following conditions will be sought for the support to be given to the right holders of housing and workplaces in order to realize the urban transformation applications in a fast and effective manner:

  • The structure to be converted has been determined as a risky structure within the scope of Law No. 6306
  • Reconciliation for the renovation of the building by KIPTAS within the scope of Istanbul Renewal
  • The total household income of the beneficiary should not exceed 2 times the net minimum wage.
  • The term of the housing construction loan is maximum 10 years, the maximum term of the workplace construction loan is 7 years.

HOW TO BENEFIT FROM RENTAL AND INTEREST SUPPORT?

Istanbul residents who live in Risky and Reserved Areas under the authority of IMM, and 318 buildings that are likely to collapse on their own as a result of a quick scan, and who want to benefit from rental assistance, will complete the evacuation and demolition procedures after the risky structure is identified. With the approval of the Ministry of Environment and Urbanization for rental assistance through the district municipality, IMM will start rent assistance.

Citizens who want to benefit from the interest support, on the other hand, will reach a compromise for the transformation of their risky structure by first applying to KİPTAŞ via istanbulyenilenen.com address.

RECORD APPLICATION TO ISTANBUL RENEWING

IMM's KIPTAS, Istanbul Reconstruction Inc. and BİMTAŞ companies, the “Istanbul Renewal” platform aims to transform the risky housing stock in Istanbul into safe, earthquake-resistant and environmentally friendly structures. In this context, structures found suitable for transformation are renewed at affordable costs under the guarantee of IMM affiliates.

A total of 466 thousand applications, consisting of more than 1 thousand independent units and covering more than 700 million 24 thousand people, were made to the “Istanbul is Renewing” platform. Up to the present Kadıköy4 risky buildings in Şişli and Beşiktaş were evacuated and demolished and the processes of new projects continue. Bakirkoy, Fatih, KadıköyRenovation projects will be laid in a short time in areas consisting of single and multiple buildings in Bahçelievler and Kartal. There are 199 applications in the process of reconciliation. These; It consists of 23 thousand 78 residences and 6 commercial units in 128 thousand 5 independent units from 815 districts and 313 neighborhoods and covers approximately 23 thousand 260 people.