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      Archive: 2/5/2014
      13:16
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      News Brief

        2/5/2014, Adar 5, 5774

      Incentives Offered to Local Municipalities to Build


      Minister of the Interior Gidon Sa'ar together with Minister of Finance Yair Lapid initiated a program of incentives to encourage local municipalities to promote construction of apartments in their communities in order to increase the amount of housing units while maintaining economic stability.

      At the request of Sa'ar, the decision of the Housing Cabinet to expedite the program which will provide thousands of additional housing units in various cities, and which was approved of on Sunday by the Ministerial Legislative Committee, will be provided concurrently in order to provide incentive for the municipal authorities to approve the building permits.