Almost $80 Million Allocated to Encourage Housing Increases in Smaller Towns
For the first time, Israel’s Ministry of Finance, Interior, Construction and Housing and the Israel Land Authority are allocating housing ...
Jerusalem, 5 May, 2026 (TPS-IL) — For the first time, Israel’s Ministry of Finance, Interior, Construction and Housing and the Israel Land Authority are allocating housing incentives to smaller local authorities totaling over 230 million Shekels ($78 million) to encourage an increase in the housing supply. There are 14 local authorities that worked to “significantly increase” the number of housing units in their areas in 2025 that are eligible for the funding.
All authorities promoted marketing and permits in their areas for approximately 30,000 housing units during 2025. The grant was given for the first time as part of the government’s policy to incentivize local governments to increase the supply of housing in their areas. These are exceptional and unprecedented amounts in scope.
Among the authorities:
Kiryat Gat, which marketed 4,217 units, will receive approximately 75.3 million NIS, Ramat Gan with 3,397 units will receive approximately 31.7 million NIS, Petah Tikva with 3,148 units will receive approximately 23.6 million NIS, Ma’ale Adumim with 2,671 units will receive approximately 23.6 million NIS, Herzliya with 2,115 units will receive approximately 14.6 million NIS, and Ra’anana with 2,051 units will receive approximately 14.2 million NIS.
Additional municipalities eligible for the grant: Nof HaGalil, Be’er Ya’akov, Bat Yam, Yehud-Monosun, Rechsim, Kfar Saba, Be’er Sheva and Afula.
