Category: Housing Policy

The government has not yet approved a special budget for Litzman’s affordable housing program, the implementation of which only began recently. Tenders for the construction of 1,800 apartments have already been postponed, and if no solution is found, the building of a total of 11,000 apartments will be postponed. The Director-General of the Ministry of...

A recent analysis found that the vast majority of urban renewal projects in Israel are planned and implemented only in the center of the country — in Tel Aviv and its neighboring cities, where land values justify undertaking such projects. The city expected to have the most extensive urban renewal is Bat Yam, which is...

The grant will be given to first-time homebuyers purchasing apartments of up to NIS 700,00 located in remote towns and cities in the periphery, including Tiberias, Nahariya, and Eilat. Since the 2021 budget has not yet been approved, the implementation of the program will be limited in scope. Financial commentators warn that it may lead...

The troubling combination of a shortage of building plots and a rapidly increasing population has led to a steady rise in the number of urban renewal projects in Israel over the past decade. Today, 20% of all new residential projects in Israel are either the demolition of old structures followed by new construction in its...

Minister of Construction and Housing Yaakov Litzman’s new plan for affordable housing in Israel, “Housing at Reduced Prices” (Mechir Mufchat) is finally underway, following approval last week by Minister of Finance Israel Katz of the Israel Land Council’s decision to promote the plan, which had been accepted back in September. According to the affordable housing plan,...

According to the new master plan, the number of residents living in the Mediterranean coastal town of Caesarea is expected to reach 12,000. The plan will add hundreds of hotel rooms and 5,000 square meters of commercial space. Today, the town is home to Russian oligarchs, high-tech entrepreneurs, and Prime Minister Benjamin Netanyahu. Despite its...

In the most expensive region of the country, along several kilometers of coastline between Tel Aviv and Herzliya, there are major plans underway for the construction of three new neighborhoods in Israel. The plans for the first 5,000 apartments – to be built on the former site of the Sde Dov Airport – were recently...

Almost all the plans approved are located in settlements characterized by ground-level construction. While many people choose to buy homes in the West Bank for ideological reasons, in recent years, many middle-class buyers seeking a better quality of life for a more affordable price are buying homes in these areas.  With large homes, spacious yards,...

Israel urban renewal plan TAMA 38 , which resulted in thousands of new apartments being built each year in old areas of the country, is expected to be canceled in two years’ time. Recently, the highlights of a new plan proposed to replace TAMA 38 were revealed. While building rights are expected to increase, the...

Just days after a new plan for subsidized housing in Israel was approved, Minister of Construction and Housing, Jacob Litzman has resigned, leaving behind a confused housing market. The reason: a protest against a closure decided by the government as part of the fight against Coronavirus. Analysts say that the resignation will not influence the...