COMMUNITY LOAN FUNDS

New Economy Project’s loan funds promote economic opportunity in NYC’s low income neighborhoods and communities of color.

We currently operate two loan funds:

NYC DREAMer Loan Fund, which supports Deferred Action for Childhood Arrivals (DACA)-eligible immigrant New Yorkers; and New Economy Loan Fund, which provides capital to worker cooperatives and community development initiatives in NYC. Read also about New Economy Project’s NYC Foreclosure Prevention Loan Fund, which we operated from 2008 to 2013, helping hundreds of low income New Yorkers avert foreclosure and preserving more than $20 million in home equity.