Emergency & Veteran Loans
At the heart of JFLA is the Emergency Loan Fund, providing interest-free loans of up to $3,000 to individuals and families of all faiths in Los Angeles and Ventura Counties. These loans assist normally self-supporting individuals with money for rent, moving expenses, security deposit, car repair or used car purchase and medical and dental emergencies. One-to-two cosigners are required depending on the amount of the loan.
Without a small interest-free loan, some applicants would find themselves homeless, without a car to get to work or unable to receive medical treatment. JFLA is usually a last resort, the only community organization that provides cash in hand for unexpected, emergency situations.
The veteran populations, who have risked their lives for the ideals of the United States, need our help and support in order to navigate daily life. We see consistently in the media that our veterans face post-traumatic stress disorders, that many of them are homeless and that they have difficulty returning to civilian and family life. JFLA is ready to help with an interest-free loan.
The assistance JFLA provides is unique and invaluable, providing cash in hand while empowering borrowers. JFLA loan programs change lives and save lives, working to fight poverty and promote self-sufficiency. Last year approximately 600 loans were granted from the Emergency Loan Fund totaling just under one million dollars.
The mission of JFLA is to offer interest-free loans on a non-sectarian basis to individuals and families whose needs are urgent and who may not qualify through normal financial resources. Interest-free loans instead of charity fill an important gap by promoting self-sufficiency with dignity. JFLA is a source of economic justice in the community.
Historically JFLA has served the veterans population through interest-free loans primarily for housing needs and specifically for section eight security deposits. In recent years, veteran’s requests from the JFLA Emergency Loan Fund have included interest-free loans for food and clothing, housing needs, basic transportation vehicles and repairs, medical and dental emergencies and vocational training.
The loan application process is simple and straightforward. JFLA housing loans are made for: emergency housing assistance to prevent eviction, security deposits for section 8 housing, security deposits for renters, and critical living expenses such as gas and electric utility bills and emergency repairs for homeowners.
Economic independence is the first step to rebuilding normal lives and veterans in emergency situations desperately need community support to improve their futures.
JFLA is alert to emergency situations that can alter the course of life and offers the Emergency Loan Fund for Veteran Emergency Housing Assistance.