Law Proposal for the Establishment of the National Authority for Urban Renewal (The Renewal Authority)

The reform in Israel's land policy that was published in 2009 created an opportunity for reform in impoverished neighborhoods in Israel. It granted, as a principle, property rights to apartment owners in these neighborhoods as leverage for their improvement and enhancement. The proposed law aims to consolidate under one enactment the provisions regarding: declaring impoverished neighborhoods in the State of Israel as areas for urban renewal; neighborhood rehabilitation; defining apartment owners as eligible according to the law that aggregates rights derived from the part of the beneficiary in the renewal area; defining the land supplement that will include the enclosed areas and manufacturers included in the area or surrounding it, from which rights will also be derived.