Home / Rights & Programs / Community Mortgage — 600,000 ILS for Ethiopian-Israelis
Community Mortgage — 600,000 ILS for Ethiopian-Israelis in Ramla
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 Ramla
Ramla, conveniently located near Tel Aviv and Ben Gurion Airport, hosts an Israeli-Ethiopian community that benefits from the city's strategic location. Ramla's housing market offers apartments at relatively accessible prices for the central region, attracting residents seeking easy access to greater Tel Aviv.
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.
Related rights
Direct Absorption — Falash Mura 2026 Pilot
2026 pilot — Falash Mura olim placed directly into housing rather than absorption centers. Rolling out in cities with established community support frameworks. First direct-absorption deployment for the community.
Tax Benefits for New Immigrants (5/10 years)
10-year income tax exemption on foreign income, enhanced tax credits for 5 years, customs exemption on personal effects. Applies to all olim — including Ethiopian-Israelis.
Klita Basket — Absorption Aid for New Immigrants
Monthly cash payment to new immigrants during the first year post-aliyah. Amount varies by family status and age.
Klita Basket for Ethiopian Olim — Complete Guide
Ethiopian olim and Falash Mura immigrants receive an extended klita basket: monthly stipend, adjustment grants, ulpan voucher, 6-month health coverage, and vocational training.
