Israel’s compensation fund is older than the state itself. In an era of permanent conflict, it’s busier than ever — and risks running out of cash.
https://www.bloomberg.com/news/articles/2026-04-17/iran-war-how-israel-assesses-damage-from-missile-and-rocket-attacks
Posted by bloomberg
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*Galit Altstein for Bloomberg News*
Janna Yehuda makes her way through the rubble inside a semi-detached house in Kiryat Ata, a small industrial town in northern Israel that’s home to more than 240 factories across the food, chemicals and automobile industries.
The town lies just 15 kilometers (9 miles) from Haifa, putting it within range of Iranian missiles that have heavily targeted infrastructure in the city’s bay area during two recent wars. Two days earlier, a cluster “bomblet” tore through the roof, barely missing the home’s residents, who escaped just in time to a backyard bomb shelter.
“This home will probably be subjected to a full or partial demolition because it’s in danger of collapse,” says Yehuda, who runs the Haifa branch of Israel’s compensation fund, a specialized department at the country’s tax authority tasked with providing financial relief to civilians and businesses for property damage inflicted during wars.
In recent weeks the fund has deployed dozens of teams across Israel to assess damage at sites impacted by missiles and rockets fired from Iran and by Hezbollah, its Lebanon-based proxy. Since the US and Israel launched air strikes on Iran in late February, Israelis have endured reprisal attacks and, until a two-week ceasefire took effect on April 8, were often alerted to seek shelter multiple times a day.
[Read the full dispatch here.](https://www.bloomberg.com/news/articles/2026-04-17/iran-war-how-israel-assesses-damage-from-missile-and-rocket-attacks?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NjQyMDg4OSwiZXhwIjoxNzc3MDI1Njg5LCJhcnRpY2xlSWQiOiJURE1LUThLR1pBTFEwMCIsImJjb25uZWN0SWQiOiJEMzU0MUJFQjhBQUY0QkUwQkFBOUQzNkI3QjlCRjI4OCJ9.Zg2UBrKgqiItVqRX3Dz90HHdWvqNKLJBJAbiP_tfGBQ)