State Hands Out Dunam of Land for 10,000 Shekels — Who Is Eligible

Israeli authorities are offering land plots at nearly no cost — about 10,000 shekels per dunam, with high demand. In parallel, the return of mortgage subsidies is being discussed, including exemption from down payment. Also reported is a lottery by developer Ron Chen, where a 64-year-old woman won a two-bedroom apartment.

Israeli authorities are advancing initiatives to improve housing affordability, including land distribution at a reduced price — about 10,000 shekels per dunam. Demand for such offers remains high, highlighting the acute need for affordable land and housing. In the past week, data were published on leading companies in urban renewal, with Aura maintaining a dominant position, although in some cities lesser-known local companies lead. In parallel, the state is considering the return of mortgage subsidies, but not within the framework of the previous law promoted by Prime Minister Benjamin Netanyahu and Professor Avi Simhon. The Ministry of Finance previously rejected the bill on mortgage subsidies, but a working group has been established in the Ministry of Construction to study alternative mechanisms, including exemption from down payment. Also reported is a lottery by a development company owned by Ron Chen, where a 64-year-old woman won a two-bedroom apartment; the company sold 13 apartments.