Subsidy of 750,000 lira to earthquake victims who build houses

Subsidy of 750,000 lira to earthquake victims who build houses

kahramanmaraş 750 thousand lira will be given in the form of a non-refundable grant to earthquake victims who will have a house built to replace the house destroyed or damaged during the earthquakes. These people will also receive an interest-free loan of 750,000 lira, with a grace period of 2 years and a maturity of 10 years, for up to 3 independent apartments.

REACHED 1.5 MILLION TL

Those who build houses will receive a subsidy of 40,000 lira for construction inspection and geological reports. Earthquake victims who cannot afford to build a new house in place of the destroyed one will also benefit from this aid. The loan amount to be granted to those whose barns were demolished along with their houses increased to 1 million lira. Ministry of Environment, Urbanization and Climate Change will be gifted with the ‘in situ transformation’ campaign launched in the earthquake zone.
higher amounts of grants and loans.

The 500,000 TL housing subsidy has been increased to 750,000 TL and the 500,000 TL loan aid has been increased to 750,000 TL. The amounts of the 250,000 TL subsidy and the 250,000 TL loan to be granted to workplaces were increased to 400,000 TL each. A subsidy of 750,000 Turkish Lira and a loan of 1 million Turkish Lira will be provided for village houses. In this context, a total of 1.5 million Turkish lira in subsidies and loans for housing and 800 thousand Turkish lira for workplaces will be provided. Those who buy damaged homes will also be able to benefit from the support.

Building Material Option Instead of Cash

Those whose homes, barns and workplaces have been demolished and those who have suffered moderate or major damage will benefit from grants and loans, if buildings are built in their place. The heirs will use the grant and credit support of the deceased beneficiary. The subsidy will be for a single residence, the loan will be for a maximum of 3 residences. Grants can also be received as in-kind aid in the form of construction materials. Applications can be made within one year from the date of obtaining the construction permit. 10 percent of the grant will be paid upfront, the remainder will be paid based on the level of construction progress and payments will be made to the contractor.

Source: Sozcu

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