Amid severe and unremitting international condemnations over Israeli plans to build new Jewish homes in the E1 area of Jerusalem, the Israel Land Fund is tirelessly at work in an attempt to assemble a group of investors to purchase and build the land.
Founded in 2007, the registered non-profit organization “was created to continue the original efforts by the Jewish Forefathers, and in more recent history, over a century ago, by pioneers of The State. This includes acquiring all the land of Israel for the Jewish people,” reads a statement on its website.
The Fund states that E1, one of the most politically important areas in Judea and Samaria ,“was rezoned and is approved for building of at least 200 Apartments in the future. From the plot you can see Jerusalem and the Judean desert and also from some parts you can see the Dead Sea,” the Fund’s website says.
The asking price is $6.5 million for the land and rights to build 200-250 apartments in the future, which comes out to $26,000, NIS 100,000 per apartment.
In its appeal the website states, “Yes, it will take a long time until actual building begins maybe 3, 5, 7, 10 years or longer till Israel will make the decision to build E1. We believe that if Zionist Jews own this plot and become active on the land: Agriculture, Farm, Tourist attractions etc….”
“This will be the turning point for the E1 concept and will make things easier for the government of Israel to start building and developing this important,” it adds.
Prime Minister Binyamin Netanyahu announced the approval of 3,000 new Jewish homes in Jerusalem, Judea and Samaria and the 5 km (3 mile) long area between Jerusalem and the suburb of Maale Adumim, known as “E1”.
The announcement came following the approval of the decision of the United Nations General Assembly last Thursday to upgrade the status of the Palestinian Authority to non-member observer state, thus granting it de facto status as a sovereign state based on its own territorial claims and enabling it to circumvent final status negotiations with Israel.
Despite the unilateral and unsanctified efforts of the PA to achieve statehood, however, the international community is up in arms over Israeli housing plans on Jewish lands.