BREAKING NEWS

Knesset C’tee works towards legislating affordable housing

The Justice Ministry drafted a legal definition for affordable housing to be used in legislation, presenting it to the Subcommittee on Reforming the Planning and Construction Bill on Sunday.
Last week, committee chairman Amnon Cohen (Shas) threatened to stop the bill’s passing if it did not include “accessible housing.” Protesters and politicians alike have demanded that affordable homes be included in the government’s housing reform, but the concept had never been legally defined before. The Justice Ministry presented Cohen with a preliminary outline of what such housing would include.
Anyone eligible for affordable housing would be able to stay in the home for 10-15 years. The 75-meter homes would be sold at regulated prices, and a certain percentage of every affordable-housing site would be allocated as rental apartments.
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