Roof agreements for 2021: Ministry of Construction and Housing plans to build 45,000 new housing units – real estate

The decision passed today actually confirms the model of roof agreements as a government tool and it will allow the Ministry of Construction and Housing and the Israel Land Authority to sign additional roof agreements in the coming year. The housing units are planned to be built in the Bnei Aish, Rehovot, Rechasim, Tamra and Ma’ale Adumim local councils. At the same time, the Israel Land Authority is promoting new agreements with Kiryat Gat West, Ness Ziona, Kfar Saba, Umm al-Fahm and Petah Tikva in the amount of 44,000 housing units.

The promotion of roof agreements is a large part of the regular and routine activities of the Ministry of Construction and Housing and the Israel Land Authority and in light of the fact that the staff work on the agreements is ongoing for a long time and is currently working on a number of agreements, including Bnei Aish West, Ness Ziona, Kfar Saba, Umm al-Fahm and Petah Tikva with a total volume of about 90,000 new housing units.

Yair Pines, Director General of the Ministry of Construction and Housing: “Extending the validity of signing umbrella agreements approved today is a significant milestone in building the country, and responding to rising demand. Cooperation with local authorities creates a mix of construction and development worthwhile for everyone, and we see the results in the field. In cities where agreements are already active, thousands of units The existing neighborhoods and infrastructure have been upgraded so that all the old and new residents of the place are spacious. I am happy that we can continue to promote the umbrella agreement model that offers a quality and effective solution to the authorities. ”

Yaakov Quint, Director of the Israel Land Authority: “The approval of the decision today is a significant step in supporting the core activity of the Israel Land Authority, for the purpose of increasing the supply of housing units and marketing thousands of housing units already this year. The unanimous approval of the decision stems from all council members’ understanding that roof agreements are the most significant tool. Rami and the Ministry of Construction and Housing produce effective work plans. Rami and the Ministry of Construction and Housing work continuously and effortfully to resolve barriers and meet the demand in the housing market and conduct advanced negotiations with many local authorities for the purpose of signing roof agreements amounting to an additional 90,000 housing units. The fact that many local authorities turn to RMI and are interested in joining the umbrella agreements proves that this model also provides a quality solution to the needs of local authorities. ”