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HFLS and The Jewish Theological Seminary to Host Panel Discussion on Dec. 6, 2017


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November 27, 2017

Contact:  Naomi Borrebach, Hebrew Free Loan Society, 212-687-0188 ext. 8212

The Hebrew Free Loan Society and Jewish Theological Seminary to Host Panel Discussion Moderated by New York Times Columnist on Why It Costs So Much to be Poor in New York City 

New York Times Financial Columnist Ron Lieber to moderate “Breaking the Bank: The High Cost of Low-Income Living” with Hebrew Free Loan Society Executive Director David Rosenn, NYS Assemblywoman Carmen de la Rosa and City Planning Expert Lisa Servon 

Join us for a discussion at 7:30 p.m. on December 6 that will explore how the government, financial firms, and tech companies are responding to the unique financial needs of struggling New Yorkers living paycheck to paycheck.

The facts are shocking. A recent survey conducted by the Federal Reserve found that 46% of Americans do not have enough money to cover a $400 emergency expense.[i] Credit offers are plentiful, but for subprime loans and high-interest credit cards that many borrowers simply cannot afford.

How does a low-income family get by? What can we as a community do to help?

Breaking the Bank: The High Cost of Low-Income Living will be co-hosted by the Louis Finkelstein Institute for Religious & Social Studies at The Jewish Theological Seminary, the Hebrew Free Loan Society, the Interfaith Center of New York, and JCC Harlem. There is no charge to attend, and the event is open to the public.

PANELISTS: 

  • Rabbi David Rosenn, Executive Director of the Hebrew Free Loan Society
  • Carmen de la Rosa, New York State Assemblywoman, 72nd District (Washington Heights, Hudson Heights, Inwood and Marble Hill in Manhattan)
  • Professor Lisa Servon, University of Pennsylvania Professor and Department Chair, City and Regional Planning
  • Moderator: Ron Lieber, New York Times, Financial Columnist and Author

WHEN: Wednesday, December 6, 2017 at 7:30 p.m.

WHERE: The Jewish Theological Seminary, 3080 Broadway, New York, NY 10027

To RSVP, please contact Naomi Borrebach at 212-687-0188 ext. 8212 or nborrebach@hfls.org.

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About the Hebrew Free Loan Society

The Hebrew Free Loan Society makes 0% interest loans that help low- and moderate- income New Yorkers in need stabilize and strengthen their financial lives. HFLS has nearly 2,000 loans outstanding, totaling more than $13 million. Learn more about HFLS by visiting hfls.org or visit our pages on LinkedInFacebook, and Twitter.

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