Umbrella agreement signed to build 7,253 housing units in Kiryat Bialik

By
April 30, 2014 19:00

 
X

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 experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • 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

The Finance and Housing Ministries signed an umbrella agreement with Kiryat Bialik to fast-track the building of 7,253 new units, and double the city’s population.

Umbrella agreements are one prong of the strategy to bring down the cost of housing, which has soared in recent years. It provides local authorities upfront funding for building local infrastructure for new houses, a process which often slows the process of getting houses on the market.

The latest agreement brings the total number of units planned through umbrella agreements to 42,000.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
January 21, 2019
Netanyahu lawyers meet Mandelblit say ensuring PM gets 'fair shake'

By JERUSALEM POST STAFF