About 30,000 housing units will be raffled off this year as part of affordable housing plans, as reported today by the Ministry of Construction and Housing and the Israel Lands Administration (RMI). Of housing units.
In Ashdod and Yavne, approximately 1,100 housing units will be drawn each, while in Haifa, approximately 1,300 housing units will be drawn. In Be’er Sheva, 900 housing units will be raffled off. The apartments will be raffled off after a mapping of barriers was carried out to promote stuck housing units, as well as after advertising for the marketing of new housing units at a record number of over 100,000 in 2021, most of them in the second half of the year. This, as part of the implementation of the government housing plan presented by the Ministers of Construction and Housing, Interior and Finance several months ago.
The new plan is expected to include balances of the previous plans “price per occupant”, “reduced price” and the new plan “target price”. In December 2021, a plan was approved for grants to apartment buyers under the ‘Target Price’ program, under which a grant of NIS 40,000 will be given to those entitled to the Ministry of Construction and Housing who will purchase an apartment under the plan, in areas where land prices, without development expenses, are less than NIS 100,000 per housing unit. before VAT.
The renewed target price plan, in an increased format, is now expected to significantly subsidize the purchase of apartments for young and homeless couples. The program will offer a discount of up to NIS 300,000 or 20% of the apartment price for the lottery winners.
Minister of Construction and Housing, Zeev Elkin: “We worked to bring the target price plan that gives a significant discount. Already this year we will take out tens of thousands of discounted apartments, both from previous plans and from a target price plan for young couples, so they can buy an affordable apartment. I am proud of the firm and RMI who worked hard To bring results in the field, I am confident that in the coming year the face of the real estate market in Israel will change. ”
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