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Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Ma'ale Adumim

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 Ma'ale Adumim

Ma'ale Adumim is a city in the greater Jerusalem area with a vibrant Israeli-Ethiopian community. The real-estate market offers a wide range of apartments, duplexes and private homes — often at more accessible prices than neighbouring Jerusalem, with quick access to the capital and the central region.

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.

About Ma'ale Adumim