Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Housing Programs in Turkey – TOKI- 2015

The housing need in Turkey shows a gradual increase everyday. The housing need is on our agenda in the form of population growth, urbanization, urban transformation and renovation, economic and quality housing meeting the needs. Due to the “Report for Real Estate Sector in 2023 Vision” prepared by GYODER; production of 7,56 million houses is suggested for the 12 year period between 2012-2023. TOKİ, with its rapid housing production practices, aims to meet 5% -10 % of the housing need of Turkey, which currently has been realized as 9%. Social housing program of TOKİ targets the low and middle-income people who cannot own a housing unit under the existing market conditions. (Considering the distribution of the housing projects realized by TOKİ, 15% of the same consists of “Fund Raising by method of Revenue Sharing” and 85% of “Social Housing” projects.)

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