The Israeli government has officially approved a new set of benefits for military reservists discharged from service, giving them significant discounts on land purchases.
“Today is a good day, because we have committed for some time to bring free or almost free land to the army servants, our reservists, with an emphasis of course on combat service,” said Prime Minister Benjamin Netanyahu, who has been pushing heavily for the discounts.
“There is really a big news here of 90 percent [discounts], and in some places even 95 percent,” he continued, detailing the benefits. “Though the land itself is almost free, we are aware that there are also development expenses. We are now discussing how to also provide assistance, such as subsidies, with the Finance Ministry for the benefit of development expenses. This is of course a great revolution; it also creates justice.”
Construction and Housing Minister Yitzhak Goldknopf added, “Today we passed a series of historic decisions for the benefit of Israeli citizens of all shades of the population, with an emphasis on [Israel Defense Forces] Israel Defense Force (IDF) soldiers and reservists, who sacrifice their time and energy for the defense of the homeland. In addition to increasing discounts for buyers in areas of national priority, in order to encourage and develop Jewish settlement there.”
As mentioned by Netanyahu, the main benefit approved on Thursday was a 90 percent discount on land purchases where the buyer is building a house for personal use. Additionally, priority will be given to reservists in housing lotteries — first choice on 20 percent of the units — and they will become eligible for discounts on apartment purchases.
The new approval gives extra discounts if the land is purchased in “priority locations” such as the Negev, the Galilee, and the Gaza Envelope. The rate will be 10 percent or up to 100,000 NIS (slightly under $28,000), which will be subtracted from the 90 percent discount already applied.
“With the decisions passed today, the state will offer significant discounts for the purchase of land in national priority areas for reservists,” said Yehuda Morgenstern, director-general of the Construction and Housing Ministry. “In addition, we increased the percentage of apartments that will be allocated to reservists in discounted apartment lotteries. We consider it a moral obligation to help as much as possible to encourage settlement throughout the country, especially in the areas close to the borders, and at the same time to give as much assistance as possible to the reserve soldiers who give of themselves for the country all the time.”
The measure defines reservists qualifying for the discounts as being those who served at least 45 days, meaning that almost every soldier who was called can take advantage of the discounts.
More than 300,000 soldiers were called up following Oct. 7, when Hamas terrorists invaded southern Israel, killing over 1,200 people and taking more than 250 hostages in documented cases of systemic rape, murder, and mutilation.
Now almost six months into the war, a large portion of the soldiers called for duty after Oct. 7 have returned to their homes following service, though many remain in or around Gaza and in the north of Israel, where the Israel Defense Force (IDF) has been trading missile fire with the Hezbollah terror group in Lebanon.
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Author: Troy O. Fritzhand
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