legal updates

The Israeli Land Authority Grants Financial Incentives to Encourage Urban Renewal

Resolution 1303 of the Israel Land Authority was approved, for the purpose of encouraging and promoting urban renewal projects. The Israel Land Authority will provide an exemption from permit fees and allocate lands for urban renewal projects.

The legislative update was written by Adv. Liron-Levy Lev, an associate in our firm's Real Estate and Construction department. 

For the full legal update click here (Hebrew item).