New Opportunities for Home Purchases for Young Religious Families
As part of our vision to strengthen marginalized urban neighborhoods, we are encouraging investment in urban areas which already have substantial existing networks of schools and community organizations. These areas serve as a home to a diverse community of different ethnic groups of lower economic standing. We believe that there is a bright future and exciting opportunities for young, middle-class families to move into our targeted areas, and be a part of advancing a neighborhood revitalization.
There is tremendous upside for growth in our targeted neighborhoods. We seek investors and new residents to move to these neighborhoods and thereby weave a strong and variegated community.
We are promoting specific apartments for sale in newly renovated buildings. These residences are designed for individuals or families who can bring with them a strong appreciation of education, culture and community to the area.
With a new infusion of talent, a stronger neighborhood of shared life will be formed. Our project enables urban and social renewal by impact investors who are looking for economic opportunities in underperforming real estate markets. We have partnered with real estate agents to promote the sale of specific apartments. While we hope that buyers who move into these apartments will participate in the local religious community and schools, this is not obligatory.
Our first focus is two neighborhoods in southern Tel Aviv – Kiryat Shalom and Shapira. We are looking for the first buyers to initiate our revitalization of the neighborhoods. The apartments offered for purchase are in the range of 3-5 rooms, and these apartments are new.
The neighborhood is especially attractive for young families as the public schools, including the religious public schools (Mamlachti Dati) have received outstanding marks from the Ministry of Education.