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B’nai Brith Lends Aid in Palestine Housebuilding

November 18, 1930
See Original Daily Bulletin From This Date
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Near the suburb of Beth Hakerem to the northeast of Jerusalem the “Achuza B’nai Brith” or B’nai Brith Garden City is being built. In this ideal residential section, twenty-five houses have either already been completed or are in the process of construction by B’nai Brith members with money made available through the B’nai Brith Housebuilding Fund.

B’nai Brith established this fund to make it possible for Jews to build homes for themselves on easy terms. Seventy per cent of the money necessary to build a home is available to prospective home builders on the condition that they furnish the balance. The average loan is $2500 and is repayable over a period of twenty years. As the loans are repaid, it is planned to lend the money again, thus making possible an ever growing number of home owners in Palestine.

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