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

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

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 Rishon LeZion

Rishon LeZion is home to a large, active Israeli-Ethiopian community, historically concentrated in the Ramat Eliyahu neighbourhood — originally built as absorption housing and now a long-standing community centre. The neighbourhood is at the heart of urban-renewal efforts, alongside a growing second-generation presence across the city.

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 Rishon LeZion

Community population
~12,000
Share of city
~8%
Main neighbourhoods
רמת אליהו, נחלה
Community services
תנה בריאות, ביטוח לאומי מקומי

More rights in Rishon LeZion

This right in other cities

FAQ — Rishon LeZion

How many Ethiopian-Israelis live in Rishon LeZion?
The Ethiopian-Israeli community in Rishon LeZion numbers approximately ~12,000 residents — around ~8% of the city's population. Main neighbourhoods: רמת אליהו, נחלה.
How do I claim Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Rishon LeZion?
Apply via the Government Housing Authority website or the local Ministry of Construction office in Rishon LeZion. For support: תנה בריאות, ביטוח לאומי מקומי.
What community support is available in Rishon LeZion for this right?
In Rishon LeZion, the following organisations can assist with paperwork, translation and entitlement: תנה בריאות, ביטוח לאומי מקומי.