Home / Rights & Programs / Community Mortgage — 600,000 ILS for Ethiopian-Israelis

Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Rehovot

Govt loan for Ethiopian-Israeli families: ₪600,000 over 25 years, 0% interest for the first 10, 2% for the next 15. Allocated by annual lottery (~200 families).

About Rehovot

Rehovot has a long-established Israeli-Ethiopian community, with a significant concentration in the Kiryat Moshe neighbourhood. Most of the neighbourhood's residents are from the community, and it is currently going through urban-renewal processes — driving demand for additional housing options in the city and surrounding area.

More about the city →

Who is eligible?

Any household where at least one criterion holds:

  • One of the spouses was born in Ethiopia
  • One of the spouses' parents was born in Ethiopia
  • The couple is defined as "Falash Mura" with confirmed aliyah

Loan terms

  • Amount: ₪600,000
  • Term: 25 years
  • Rate: 0% for the first 10 years, 2% for the next 15
  • Down payment: 5% of property value
  • Registration: ₪70 at a participating bank branch (annual lottery)

How to apply

  1. Register at a participating bank branch (Leumi / Discount / Igud)
  2. Wait for annual lottery results (~200 winners)
  3. On winning, the bank sends approval to sign a purchase contract
  4. Submit documents: ID, income proof, absorption-program confirmation (if relevant)

Quick eligibility check — mortgage calculator.

Ethiopian community in Rehovot

Community population
~8,000
Share of city
~8%
Main neighbourhoods
קריית משה
Community services
ENP, מרכז קהילתי

More rights in Rehovot

This right in other cities

FAQ — Rehovot

How many Ethiopian-Israelis live in Rehovot?
The Ethiopian-Israeli community in Rehovot numbers approximately ~8,000 residents — around ~8% of the city's population. Main neighbourhoods: קריית משה.
How do I claim Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Rehovot?
Apply via the Government Housing Authority website or the local Ministry of Construction office in Rehovot. For support: ENP, מרכז קהילתי.
What community support is available in Rehovot for this right?
In Rehovot, the following organisations can assist with paperwork, translation and entitlement: ENP, מרכז קהילתי.