Addiction Recovery Loan Overview


The Hebrew Free Loan Society provides interest-free loans of up to $10,000 to low- and moderate-income residents of the five boroughs of New York City, Westchester, or Long Island to help fund in-patient addiction recovery treatment costs or other financial needs faced by families sending their loved one for addiction recovery treatment.

HFLS Income Limits

Household Size 1 person 2 person 3 person 4 person 5 person 6 person 7 person 8 person
Household Income 76,820 87,860 98,785 109,710 118,565 127,305 136,045 144,900

Applications for this loan program must be received from Jewish Alcoholics, Chemically-Dependent Persons and Significant Others (JACS) or another HFLS organizational partner.

Addiction Recovery Loans are repayable in up to 40 equal monthly installments of $250. Monthly loan payments are made by electronic debit of a checking account.

Guarantor Information

Two guarantors are required for all loans if the patient is age 18-28; if the patient is 14-17, only one guarantor is required. All guarantors must complete and sign a Guarantor Form. A married couple is considered one guarantor. If a guarantor is married, his or her spouse must also complete and sign the Guarantor Form.

Each guarantor is “jointly” and “severally” liable for the loan in the event you are unable to pay for any reason. This means that, while HFLS would expect each guarantor to share equally in the responsibility of repaying the loan, each is liable legally for the full amount, and any one guarantor could be called upon to repay the balance due.

Guarantors must meet the following criteria:

  • US citizens or legal residents currently living in NYC’s five boroughs, Westchester, or Long Island
  • Have a checking account, good credit, and total family income of at least $50,000 a year
  • Currently employed (HFLS prefers persons who have worked at least one year in their present position) or retired, can demonstrate their ability to repay through pension/retirement income or assets

Even if they meet the requirements above, the following people may not guarantee a loan:

  • Persons living in the same household as the borrower
  • Persons who currently have an HFLS loan or are a guarantor on an HFLS loan
  • Pulpit Clergy (clergy are often asked to guarantee due to their high visibility within their community; this rule, therefore, exists for their own protection)
  • Persons who are unable to repay the loan

Loan Documents & Interview

The documents below are required for an Addiction Recovery Loan. Once you have completed or collected all the documents below and have all necessary signatures, contact the HFLS office at (212) 687-0188 to set up an in-person loan interview. Please bring the following documents with you to your scheduled interview.

From the borrower:

  • Loan Application, completed and signed by the borrower (and their spouse, if they are married). (Download the Application Form at the bottom of this page.)
  • Copies of government-issued photo IDs that include signatures and serve as proof of address for the borrower and their spouse (e.g. driver’s license). If the driver’s license does not include the borrower’s current address, HFLS will require proof of residency (e.g. a utility bill or account statement).
  • Voided check for the borrower’s checking account.

From the guarantors (guarantors may choose to send these documents directly to HFLS):

  • Guarantor Forms, completed and signed by the guarantors and their spouses, if they are married. (Download the Guarantor Forms at the bottom of this page.)
  • Copies of government-issued photo IDs that include signatures for the guarantors and their spouses, if they are married (e.g. driver’s license or U.S. passport).

Failure to submit these documents will delay the processing of your application. 

In addition to the documents above, JACS or the HFLS organizational partner will provide HFLS with the following:

  1. A brief patient history and treatment plan summary
  2. Financial breakdown, to determine your financial need and gap in funds required to cover cost of treatment; this will include total cost of treatment; insurance coverage; family contribution; any facility scholarships or discounts; etc
  3. If possible, a confirmation letter from the facility, stating their willingness to accept the patient, length of stay, cost of treatment, and any scholarships/discounts they are providing

All applicants must have a brief, in-person loan interview with an HFLS Loan Officer. The documents listed above should be submitted to HFLS before or at the loan interview.

During the loan interview, an HFLS Loan Officer will review your application and other required documents with you, ask any relevant questions, determine whether any additional information is needed, and answer any questions you have about HFLS and the rest of the loan application process (described below).

You can select the location of your interview: At our Manhattan office (675 Third Ave at 42nd Street), where we conduct interviews from 9-5 pm Monday through Thursday, or at the Shorefront Y or Jewish Community House of Bensonhurst in Brooklyn, where we have loan interviews in the evenings once a month.

Loan Decisions & Closing

HFLS reviews and decides on loan applications weekly. If we have questions about your application or guarantor, you may receive a call or email from a Loan Officer asking for further information before HFLS will make its decision.

You will receive information within approximately two weeks of your interview advising you whether your loan has been approved. HFLS, in its discretion, may decline to make a loan, make a loan in an amount less than that requested, or require different or additional guarantors.

If your loan is approved, the information you receive will contain instructions to complete the final loan paperwork. You may deliver original signed copies of the final loan paperwork to HFLS by regular mail or in person at our Manhattan office; copies will not be accepted. The final loan paperwork includes:

  • A Promissory Note, to be signed by the borrower, guarantors, and all spouses
  • An ACH authorization form, so monthly loan payments can be withdrawn automatically from your checking account (you may complete this form at your loan interview instead)

Required Forms Download