The Torteltuin is a housing cooperative consisting of 25 young Amsterdammers who want to realise their living dream by developing a social, sustainable and affordable building. The building consists of 40 units, which are rented out in perpetuity at a fair price and with consideration for people, neighbourhood and nature. Future profits will not be used to distribute to shareholders or residents, but will benefit society.
In the past four years, we have achieved a lot: there is an option agreement with the municipality of Amsterdam to develop a beautiful plot on IJburg, the preliminary design has been completed and the final design is in the pipeline and last but not least, we have concluded a loan agreement with the Stimuleringsfonds Volkshuisvesting Nederlandse gemeenten (SVn) for 600,000 euros in the development phase and 1.4 million from the start of construction.