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🇮🇱 Israel /Economy & Trade

Israel Unveils "From Reserve Duty to a Key" Plan for Reservist Housing Benefits

From Jerusalem Post · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Israel announced a new housing program, "From Reserve Duty to a Key," to provide affordable housing solutions for approximately 20,000 IDF reservists.
  • The initiative includes increased priority and discounts in apartment lotteries, potentially saving participants over NIS 500,000.
  • The government has allocated NIS 25 billion to reservists since the war began, with this housing plan being a significant part of ongoing support.

Israel has launched a significant new housing initiative aimed at supporting its military reservists. Titled "From Reserve Duty to a Key," the program, announced by Prime Minister Benjamin Netanyahu, Construction and Housing Minister Haim Katz, and Finance Minister Bezalel Smotrich, seeks to provide around 20,000 housing solutions, including 16,000 apartments, over 2026 and 2027.

Those who gave must also know how to receive. The state will give back to its reservists, because they are the main resource we have today.

— Haim KatzHousing Minister Haim Katz praising the discount lottery system and the state's commitment to reservists.

A key component of the plan involves enhancing reservists' chances in apartment discount lotteries. The government stated that the percentage of reservist winners will increase, and the discount offered will exceed NIS 500,000. Housing Minister Katz emphasized the state's commitment to reciprocating the reservists' service, calling them the nation's "main resource."

Our heroic reservists give everything for the country, and they deserve everything. To date, the government has transferred, either through Government decisions or legislation, a massive sum of NIS 25 billion to the reservists and their families as well. And today we are bringing more news about massive support in housing.

— Benjamin NetanyahuPrime Minister Benjamin Netanyahu describing the housing initiative as a historic move and part of significant government support for reservists.

Beyond the lotteries, reservists looking to build their own homes will also receive increased benefits, including exemption from land value payments. Prime Minister Netanyahu hailed the program as a "historic move," underscoring the nation's gratitude for the sacrifices made by its "heroic reservists."

From the very first day of the war, we have been wrapping IDF fighters and commanders, in both regular and reserve service, in a huge umbrella of billions upon billions.

— Bezalel SmotrichFinance Minister Bezalel Smotrich discussing the extensive financial support provided to IDF personnel since the war began.

Finance Minister Bezalel Smotrich highlighted that this housing support is part of a broader effort, noting that billions have already been allocated to IDF fighters and commanders since the war's outset. He assured reservists without housing who entered the "Discount Apartment" lottery that they would receive an apartment, stating, "Dear reservists – you deserve this."

Dear reservists – you deserve this.

— Bezalel SmotrichFinance Minister Bezalel Smotrich assuring reservists that they will receive housing support.
DistantNews Editorial

Originally published by Jerusalem Post in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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