Process begins for restoration loans

Process begins for restoration loans

ANKARA - Anatolia News Agency
Process begins for restoration loans Turkey’s state-run property developer supports restoration of historic houses.

Turkey’s Housing Development Administration (TOKİ) today starts collecting applications for loans for restoring the historic buildings in the country, according to an official announcement by the state-run property developer. The deadline for the applications is March 2.

This loan scheme was launched in 2005 by TOKİ, in order to contribute in the restorations of buildings officially registered as cultural assets.

The Administration has provided 28.6 million Turkish Liras worth of restoration loans for 371 premises so far and 220 restoration projects have been completed.

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