Home / Rights & Programs / Community Mortgage — 600,000 ILS for Ethiopian-Israelis
Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Sderot
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 Sderot
Sderot, located adjacent to the Gaza border, hosts a long-established Israeli-Ethiopian community that has dealt with security challenges alongside economic hardship. The community has demonstrated remarkable resilience, and development projects in the city offer new housing opportunities.
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
- Register at a participating bank branch (Leumi / Discount / Igud)
- Wait for annual lottery results (~200 winners)
- On winning, the bank sends approval to sign a purchase contract
- Submit documents: ID, income proof, absorption-program confirmation (if relevant)
Quick eligibility check — mortgage calculator.
Ethiopian community in Sderot
- Community population
- ~7,000
- Share of city
- ~35%
- Main neighbourhoods
- שכ' ב', שכ' ג'
- Community services
- ENP, NATAL, ביה"ס קהילתי
More rights in Sderot
This right in other cities
FAQ — Sderot
- How many Ethiopian-Israelis live in Sderot?
- The Ethiopian-Israeli community in Sderot numbers approximately ~7,000 residents — around ~35% of the city's population. Main neighbourhoods: שכ' ב', שכ' ג'.
- How do I claim Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Sderot?
- Apply via the Government Housing Authority website or the local Ministry of Construction office in Sderot. For support: ENP, NATAL, ביה"ס קהילתי.
- What community support is available in Sderot for this right?
- In Sderot, the following organisations can assist with paperwork, translation and entitlement: ENP, NATAL, ביה"ס קהילתי.
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Rental Assistance for New Immigrants — Guide 2026
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