The housing cooperatives as non-profit home builders are NGOs providing freehold housing for their members.There are now about 40,000 housing cooperatives in Turkey with some 1.8 million members, which contribute to a big part of the total housing construction in Turkey. The author demonstrates the current situation and significance of cooperatives in providing affordable housing for moderate and lower income families and the financial support they've acquired from public funds, especially Housing Development Fund, and analyses the difficulties Turkey is facing in developing a sustainable housing finance system within the financial market.
