HEBREW FREE LOAN SOCIETY DAY SCHOOL TEACHERS HOUSING LOAN PROGRAM

[ Application Guidelines ][ Yeshiva Teachers Housing Application ][ Day School Referral Form ][ FAQs ]

We are very pleased to announce the inception of the Day School Teachers Housing Loan Program. The Society has supported day school education for over fifty years. In 2000, we reassessed how we could most effectively support the day school enterprise. Rather than continue lending directly to day schools, our Board, in October, 2000, voted to initiate a program to fund down payment and closing costs for moderate-income day school teachers purchasing homes. This new program responds to the well documented underfunding of the day school system, which translates first and foremost into inadequate salaries for teachers. Low salaries mean teachers are typically unable to save for and purchase a home, the only way a family of modest means can create a significant asset. The Housing Loan Program not only will make a critical difference in many teachers’ ability to purchase a home, but also affirms the value the community places on professionals who devote their live to Jewish education and, we hope, will become a critical teacher retention tool.

A detailed brochure explaining the application process, an application form and a School Referral Form may be downloaded from this site. We have also posted a series of Frequently Asked Questions to further clarify the details of the program.

Please note that the funds available for this program are limited, and completed applications will be reviewed on a first-come first-serve basis.  

[ Application Guidelines ][ Yeshiva Teachers Housing Application ][ Day School Referral Form ][ FAQs ]