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

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 Tiberias

Tiberias, on the shores of the Sea of Galilee, hosts a small Israeli-Ethiopian community. Tiberias's real-estate market offers accessible-priced properties with views of the Kinneret, alongside tourism and business development opportunities.

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 Tiberias

Community population
~1,500
Share of city
~5%
Main neighbourhoods
שכ' א', שכ' ב'
Community services
ENP

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FAQ — Tiberias

How many Ethiopian-Israelis live in Tiberias?
The Ethiopian-Israeli community in Tiberias numbers approximately ~1,500 residents — around ~5% of the city's population. Main neighbourhoods: שכ' א', שכ' ב'.
How do I claim Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Tiberias?
Apply via the Government Housing Authority website or the local Ministry of Construction office in Tiberias. For support: ENP.
What community support is available in Tiberias for this right?
In Tiberias, the following organisations can assist with paperwork, translation and entitlement: ENP.