At Jewish Agency BoG Meeting, Cornerstone Laid for Major Housing Expansion Project in Israel’s South
At Jewish Agency BoG Meeting, Cornerstone Laid for Major Housing Expansion Project in Israel’s South

At Jewish Agency BoG Meeting, Cornerstone Laid for Major Housing Expansion Project in Israel’s South

PRESS RELEASE

Cornerstone Laid for Major Housing Expansion Project in Israel’s South

Led by The Jewish Agency and the Government of Israel, with support from Jewish communities worldwide, the project will create up to 1,000 new homes in communities in the Western Negev and help secure the region’s long-term growth.

PRESS RELEASE

Cornerstone Laid for Major Housing Expansion Project in Israel’s South

Led by The Jewish Agency and the Government of Israel, with support from Jewish communities worldwide, the project will create up to 1,000 new homes in communities in the Western Negev and help secure the region’s long-term growth.

Jerusalem, June 29, 2026 — Hundreds of Jewish community leaders from around the world attending The Jewish Agency’s Board of Governors meeting in Israel gathered today, Monday, June 29, at Kibbutz Ein HaShlosha, one of the communities violently attacked on October 7, for the cornerstone-laying ceremony of the Western Negev Building Project. As part of the initiative, up to 1,000 new housing units will be built across communities in the Western Negev region, welcoming new families who choose to make their homes there and helping drive the area’s recovery and future growth.

The ceremony was attended by Bezalel Smotrich, Israel’s Minister of Finance; Ze’ev Elkin, Minister at the Ministry of Finance Responsible for Northern and Southern Rehabilitation; Maj. Gen. (res.) Doron Almog, Chairman of The Jewish Agency; Bruce Leboff, Chairman of the World Board of Trustees at Keren Hayesod; Sam Grundwerg, World Chairman of Keren Hayesod; Gary Torgow, Chair of Jewish Federations of North America; Eric Fingerhut, President and CEO of Jewish Federations of North America; Yehuda Setton, CEO and Director General of The Jewish Agency; Moshe Vigdor, Director General of Mandel Foundation – Israel, as well as local community leaders and residents.

The Western Negev Building Project represents the transition from recovery to renewal — not simply rebuilding what was destroyed but expanding communities and laying the foundation for long-term demographic and communal growth in the region. The project is being led by The Jewish Agency in partnership with Israel’s Ministry of the Negev, Galilee and National Resilience, the Ministry of Finance, the Tekuma Directorate, and the Ministry of Construction and Housing.

The initiative includes the construction of approximately 1,000 new homes across communities in the Western Negev region, adding to existing housing and enabling the absorption of new families. Fourteen communities have already joined the project, including Kibbutz Ein HaShlosha, where 46 housing units will be built, as well as Kerem Shalom, Nirim, Holit, Kfar Aza, Nir Yitzhak, Shlomit, Kissufim, Nahal Oz, Magen, Alumim, Sufa, Yevul, and Gevaram. Amigur, The Jewish Agency’s housing subsidiary, will oversee the planning and construction of the new neighborhoods in coordination with local community leadership.

The Jewish Agency secured NIS 1 billion in credit backed by a state guarantee through the Accountant General of Israel’s Ministry of Finance, alongside philanthropic support from Jewish communities and foundations around the world, including Keren Hayesod, the Jack, Joseph and Morton Mandel Foundation and the Jewish United Fund of Metropolitan Chicago. Financing for the project will be provided by the First International Bank of Israel and investment firm Altshuler Shaham, which were selected through a competitive tender process. In addition to the NIS 1 billion credit, the project will also be funded through government grants and equity contributions from participating communities.

Beyond housing construction, The Jewish Agency will provide each participating community with a dedicated grant for community development projects, including the creation and enhancement of public facilities, recreational amenities, and sports infrastructure.

The Jewish Agency will oversee all stages of the project through the sale of homes to incoming families. The initiative will operate under the professional guidance and supervision of the Ministry of the Negev, Galilee and National Resilience and will provide tailored solutions based on the specific location and needs of each community.

The Board of Governors meeting, which continues tomorrow (Tuesday), reflects The Jewish Agency’s enduring commitment to strengthening communities and building Israel especially during times of crisis. It also highlights the deep partnership between the State of Israel and Jewish communities worldwide in the shared effort to strengthen Israel’s south and north and secure the country’s future.

 

Media Contact:
Jake Sharfman, JCubed Communications
Jacob@jcubedpr.com

At Jewish Agency BoG Meeting, Cornerstone Laid for Major Housing Expansion Project in Israel’s South

About The Jewish Agency for Israel:

Since 1929, The Jewish Agency for Israel has been working to secure a vibrant Jewish future. Today, The Jewish Agency acts collectively to strengthen Israel and the Jewish people worldwide—by advancing Aliyah as a core value, deepening connections between our global Jewish family, supporting the resilience and security of global Jewish communities, and encouraging every Jewish person to engage with Israel. The Jewish Agency also continues to be the Jewish world’s first responder, prepared to address the Jewish people’s greatest challenges and respond to emergencies in Israel, and to rescue Jews from countries where they are at risk.

At Jewish Agency BoG Meeting, Cornerstone Laid for Major Housing Expansion Project in Israel’s South

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