For the first time in Israel: a long-term rental project also in the Arab sector – real estate

The District Planning and Building Committee in the Central District has submitted a plan for the construction of a rental housing project in the locality of Jaljulia. The project is planned on six dunams in the eastern part of Jaljulia, where about 100 housing units will be built, spread over four buildings, with seven floors and above a commercial floor. Young locals.

The project will be operated according to an apartment model for rent in a long-term rental format so that all the apartments in the project will be rented for a long-term period under the supervision of the company. The project includes fair and long-term leases, fixed rents, government supervision and a high level of construction and maintenance. These components will allow tenants to enjoy certainty and stability over time in a quality apartment and in a desired location.

Minister of Construction and Housing, Yaakov Litzman: “I am happy and even proud of the precedent project we are promoting for the benefit of the Arab population in Jaljulia as part of long-term rental housing. This is a practical and effective solution to the severe housing crisis as part of a variety of moves and steps we are promoting. I welcome the cooperation with Apartment Rent Company, Local Council “To Julia and the Israel Land Authority, for the benefit of promoting the project and its success.”

CEO of Apartment for Rent Yair Tal: “I am proud that the long-term rental housing model that we are promoting throughout the country will for the first time also be offered to the Arab population in Israel. I congratulate my partner, the head of the Jaljulia local council, Darwish Rabi, who pushed the project and sees its success as important for residents and for The locality, together with him and in collaboration with the local council, will plan the project and adjust it so that it will best serve the locals and young couples in the locality.

“The projects we lead all over the country, together with the best developers, create a critical mass of thousands of housing units for long-term rent and an attractive and long-term stable housing option, at a fixed rent that allows tenants stability and certainty so they can enjoy all the benefits of owning an apartment.” “These projects are intended for all sectors of Israeli society, and at the same time, long-term rental housing projects are also being promoted in the ultra-Orthodox sector – in Bnei Brak and in the ridges.”

Chairman of the Central District Committee, Shira Brand: “Central District is the first in promoting and approving advanced construction projects for the Arab population. The long-term rental housing plan that has been decided to deposit will provide a variety of housing solutions for Jaljulia residents both in terms of stable and secure rent and in terms of size of housing units suitable for young families. “Additional authorities must come and promote quality projects that will address all the needs of the Arab population in the district.”

Darwish Rabi, head of the Jaljulia council: “The government company is renting an apartment in cooperation with the Jaljulia local council and accompanied by the Arab Center for Alternative Planning, launching a first-of-its-kind project in the Arab company to build 100 public-owned rental housing units in Jaljulia. The pilot is the result of a collaboration between the Jaljulia local council and the Israel Land Authority, and with the blessing of the housing headquarters. ”