Istanbul Housing Transformation Campaign Ends December 2026

Debtors in Turkey must apply to their banks by the end of business today to utilize a debt restructuring program. The regulation allows for the installment of consumer loan and credit card debts that were used before January 29, 2026, and are more than 30 days overdue. Eligible debtors can restructure these payments into installments of up to 48 months. Once the first installment is paid, credit risk status is addressed through new payment plans. The 'Yarısı Bizden' housing conversion campaign in Turkey is scheduled to conclude on December 31, 2026. According to the report, buildings must be identified and declared as risky structures before this deadline to qualify for the program. An estimated 900,000 residential units in Istanbul require conversion. Approximately 900,000 homes in Istanbul require transformation. Risk assessment for buildings must be completed and structures must be declared risky before the deadline. Expert Ceren Meric provided details on the process via CNN Turk.