Shas, Finance C'mtee to inject 1 billion shekel to housing

August 7, 2012 18:15


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Shas Minister Ariel Attias and the Finance Committee reached an agreement on Tuesday to purchase new dwellings devoted to public housing, as well to implement a 750 million shekel injection to accelerate construction.

A budget of over a billion NIS will be dedicated to public housing and to speed up construction of new housing projects for young couples, according to a new agreement between Attias and the Ministry of Finance.

Referring to the agreement with the Ministry, Attias commented: "Deep cuts were expected to hit public housing and rental assistance, which are crucial tools to assist the weakest members of our society. Therefore we resisted the proposed cuts...our new agreement will encourage growth and employment."

Related Content

Breaking news
July 16, 2018
U.S. House speaker says Trump 'must appreciate' Russia is not an ally