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Israel Corporation of America to Invest $250.000 in Housing Programs in Jewish State

June 22, 1949
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The Israel Corporation of America announced today the signing of an agreement with the Jewish Agency providing for the investment by the former of $250,000 in housing programs in Israel for newly-arriving immigrants. The money will be invested either through the purchase by the Israel Corporation of debentures of Amidar–the national housing company in Israel–or otherwise.

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