A twenty-million dollar program for the post-war development of Tel Aviv, was adopted here today by the municipality. The execution of this program will be facilitated by a thirty-year loan to be granted by the Palestine Government to the municipality at three-and-a-half percent interest.
The government loan will be spent within five years for housing projects, water supply, canalization, drainage and other municipal improvements. In outlining the program, Mayor Israel Rokach explained that it will help to provide employment for soldiers who will return home after the war is over and employment also for Jewish workers now engaged in war industries which will be liquidated after the war, and make possible the post-war absorption of new Jewish immigrants from Europe.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
