In 1857, an organization of Dutch and German Jews named "Kolel Hod" ("kolel" standing for "society" or "community" and Hod being an abbreviation of Holland and Deutschland) bought a plot of land on which, between 1860 and 1890, the Batei Mahse ("Shelter for the Needy" in Hebrew) housing complex was built. The most prominent building of the project, the two-storey Rothschild House, built in 1871 with money donated by Baron Wilhelm Carl von Rothschild, stands on the west side of the Batei Mahse Square.