Turkey exists on Alpine-Himalayan seismic belt that is one of the world active earthquake zones. 42% of the land mass of the country is on a first-degree earthquake zone. Since the beginning of the 20th century, statistical studies conducted show that approximately every two years devastating earthquake occurs, also every three years many destructive earthquakes occur. This case reveals that inevitable natural disasters may become in Turkey. Urban renewal has become one of the frequently encountered concepts in the agenda of the press. Especially in Turkey after the tragic earthquake in 1999, a big development was emerged on the improvement of the structures Necessity of urban renewal has emerged by the earthquake hazard in Turkey, as well as the rapidly growing population and increasing illegal construction because of the rural-urban migration.In this article, earthquake-oriented urban renewal problems were defined, alternative suggestions wererecommended in this regard and proposal was made about how to meet the need of finance.