News Brief 6/26/2011, Sivan 24, 5771
Homebuyer Grants of NIS 100k Approved
The government on Sunday authorized a new program to help first-time home buyers. Young couples who purchase homes in one of over 30 peripheral towns in the north, south, and in Yesha, will receive a grant of NIS 100,000, and a loan on subsidized terms.
The plan was developed by Housing Minister Ariel Attias.