Public Housing (Purchase Rights) Bill

What does the bill do?

The bill proposes re-enacting the Public Housing (Purchase Rights) Law, which expired in February 2023. Eligible persons who have lived in a public housing apartment for at least five years may buy the apartment at a base price minus a conditional grant, according to family size and area (national priority or other). This bill also extends eligibility to a continuing tenant (a spouse, child or relative of an eligible person who died or moved to a nursing facility) who has lived in the apartment for at least three years. The proposed amendments include adding relatives of fallen soldiers and victims of hostile actions as eligible persons, updating amounts according to the rise in the construction index, and setting national priority areas.