The government authority for urban renewal warns local authorities that they need to redefine the amount of betterment levies for demolition-reconstruction projects by May 2027. The letter sent indicates that excessively high levies could lead to delays in projects, which could harm the urban renewal process. Nechama Bogin, a representative of the authority, emphasizes that the current situation in the real estate market is significantly different from what it was five years ago, and therefore there is a need to adjust urban policy. If a municipality does not set the levy rate, the default will be 25%, according to the planning and building law. The current situation presents new challenges for municipalities, and they are urged to take steps to ensure the success of the projects and enhance their economic viability. This is a critical time for authorities to consider the impacts of the levies on urban renewal and local development.