THE NOAH INITIATIVE AIMS TO MITIGATE ISRAEL'S YOUNG ADULT ECONOMIC CRISIS, FOCUSING ON HOUSING PRICES & COST OF LIVING, WHILE HELPING TO STRENGTHEN THE PERIPHERAL CITIES.
THE NOAH INITIATIVE IS A NON-PROFIT ORGANIZATION ESTABLISHED BY YOUNG ENTREPRENEURS & STUDENTS IN 2012, AS A RESULT OF THE HOUSING PROTESTS OF 2011 IN ISRAEL.
In order to acheive our vision, we are planning to construct new urban quarters especially for young adults, nearby and within the peripherial cities of the Negev and the Galilee. This, in order to create the opportunity to purchase a home for a very low price relative to the market as well as to revive and inject a new, young spirit to the cities in desperate need of a youthful population.
Our target population is young- mainly students, dynamic, creative, activists and leaders, age range of 26-40 years old, who are willing to operate and donate to the community and their neighboring environment.
In addition to the opportunity to purchase a house at a fair price, these urban quarters are expected to initiate a chain of positive reactions in the realms of community, education and employment, while emphasizing the involvement in the neighboring communities.
As a first milestone, we are building a new urban quarter, mainly for young people, within the city Ofakim in the south of Israel, right next to the newly built train station.
The Initiative operates through three major student unions in different universities: Tel Aviv University, Herzeliya IDC and Beer Sheva University.