Become a Member
Community

Agudas tackling Charedi housing shortage

August 29, 2016 09:00

By

Daniel Sugarman,

Daniel Sugarman

1 min read

The chief executive of the Agudas Israel Housing Association has stressed the need for new solutions to the housing problems of the Charedi community.

Ita Symons revealed this week that work has started on a Stamford Hill development, Aviv, under the aegis of the association. It will provide 65 apartments, the largest with four bedrooms, which will be available for outright sale, shared ownership and rent. Completion is scheduled for the autumn of 2017.

For outright sale, the prices of around £600,000 for a two-bedroom flat and £780,000 for a four-bed are beyond the means of many local Charedim.

Mrs Symons pointed out that in better times, Agudas Israel could receive up to 80 per cent of government funding per unit. "You now get £50,000 max - it's pocket money, almost.