Latest News

    Ellen Braitman Elected as New HFLS Board Chair

    We’re thrilled to announce that beginning in June 2024, Ellen Braitman will serve as the next Board Chair at the Hebrew Free Loan Society. Ellen’s long standing leadership within HFLS, her extensive experience and accomplishments as a journalist and media professional, and her passion for economic opportunity make her an excellent choice to lead HFLS’s Board.

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    CCNY’s Colin Powell School and HFLS Society Launch New Loan Program

    The Colin Powell School for Civic and Global Leadership at The City College of New York has partnered with the Hebrew Free Loan Society to provide interest-free emergency loans of up to $2,000 to currently enrolled low- and moderate-income students. This new partnership with City College is another great opportunity for HFLS to provide financial support to college students in New York City following their dreams.

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    Apple Bank Provides Financial Services to Ukrainian Nationals

    HFLS is proud to continue our 130-year tradition of providing new immigrants with the means to resettle and build new lives in the United States. We are eager to help newly arrived Ukrainians through our interest-free lending and by connecting them with Apple Bank.

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    Increasing Savable Funds Through Debt Refinancing

    Since March 2020, HFLS has disbursed over 100 loans totaling over $3 million to small businesses in the five boroughs and surrounding counties, including $450K to 20 Queens small business entrepreneurs. Pandemic support in Queens has included loans to help out a graphic designer, a children’s daycare provider, a nail salon, a barbershop, and a laundromat.

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