The Knesset Interior Committee, chaired by MK Yitzhak Kroizer (Otzma Yehudit), announced an agreement with the Finance and Housing ministries allocating NIS 450 million for public housing. The funds will be used to purchase new apartments, renovate thousands of existing units, and reactivate hundreds of vacant apartments, aiming to reduce waiting times and improve living conditions for tens of thousands of families.
MK Yitzhak Kroizer (Otzma Yehudit), chair of the Knesset Interior and Environment Committee, has secured a NIS 450 million budget allocation for public housing, according to a committee announcement. The plan, negotiated with the Finance and Housing ministries, targets three areas: purchasing hundreds of new apartments through urban renewal projects, deep renovation of thousands of existing units to bring them to new condition, and reactivating hundreds of currently vacant apartments. Israel currently has about 47,000 public housing units, many in need of renovation. The initiative is expected to significantly expand the housing stock, improve living conditions for thousands of families, and reduce the waiting list for eligible residents. No prior reporting on this specific allocation was found in The Zioneer's archive.
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