Fleetwood Synagogue Housing Incentive Program

Tuesday, April 13th, 2010 3 Commented
Categorized Under: Events, Join our Community

 

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Need more space? 

Want to live near the city, but in the ‘burbs? 

Need help to buy your dream house?

shulFleetwood Synagogue is a small, friendly Modern Orthodox shul, 25 minutes by train to Grand Central.

Fleetwood Synagogue, located in southern Westchester County, is a wonderful and warm congregation: small and undiscovered.  When you are looking to relocate to a Modern Orthodox suburban setting, we want you to consider Fleetwood as one of your options, and an interest-free forgivable loan program is an added attraction for you. 

 

The Fleetwood Housing Incentive Program is intended to provide assistance to Modern Orthodox families who need assistance moving into our community.  It works very simply.  Upon acceptance into the program (described below), you will be given $30,000 that you can use as you see fit.  It can be used toward the purchase of your home, or its renovation, or tuition for your children’s education.  It’s yours.  In exchange for the money you agree to be full dues paying members of the synagogue and remain living in the community for ten years.  When that’s been completed, you’re done – no need to repay a penny.  If, for some reason you are unable to complete the ten years, you’ll need to repay the $30,000, but you will not pay any interest.  The loan will be secured, just as a mortgage is.

In order to qualify for the program, the family must be first accepted for membership in the synagogue.  The process for membership begins with a completed membership application mailed back to Rabbi Gedalyah Berger, Fleetwood Synagogue, 11 East Broad Street, Mount Vernon, NY 10552.  Rabbi Berger will then contact you to arrange for a meeting.  If you have any questions about the membership application, please contact Rabbi Berger at (914) 664-7643, or rabbi@fleetwoodsynagogue.org.

 

Upon successful completion of the membership application process, you will need to complete the loan application and return it, along with the additional materials to the Membership Committee, Fleetwood Synagogue, 11 East Broad Street, Mount Vernon, NY 10552.  If you have any questions about the Housing Incentive Program, contact Jonathan Meyer at jonathan.meyer@mssm.edu.  Your application and all related materials will be held in the strictest of confidentiality, and will be reviewed by a very small number of people.  Your privacy will be respected throughout the process.  The $30,000 will be paid upon the purchase of a home.  $15,000 is available upon the purchase of a coop or condo.  It is a new program, and the amount available will decline as the program progresses.  The first two families accepted into the program will receive $30,000.  As of December 20, 2009, two families has been accepted.  After the first two families have entered the program, the amount available will be $25,000.

You will be invited in to spend shabbat in the community and then you will meet with a subset of the Membership Committee to review your application and to answer any questions you have. 

When approved for the program, you’ll need to sign loan agreements and you’ll receive a check.  It’s as simple as that.

3 Responses to “Fleetwood Synagogue Housing Incentive Program”

  1. M.C and M.S says:

    Rabbi and Fleetwood Synagogue Members:

    It was really nice meeting you and your families this past shabbos. We just wanted to thank you for the work you did in putting this past shabbos together for us and the other families.

    We know that it wasn’t easy and there were several variables, but we had a great time, our kids had a great time, we met some very special people and we had the opportunity to visit your community.

    Our hosts were wonderful, we felt comfortable and very welcome. The members of the shul were warm, and friendly. It was so refreshing to see how many people want to be involved and are involved in the growth of the shul and the community. We thought it was so nice that the monthly lunch was prepared by members of the community and it is so well attended. We enjoyed the Dvar Torah given by the Rebbetzin’s sister, and I loved the special womens shiur that was given after lunch.

    The community has so much potential– and it is really close to Manhattan, we are glad we were able to spend shabbos there. It certainly helps us as we look forward.

    We would like to be kept on the shul mailing list if that is possible.

    Thank you again

    We would like to keep in touch.

    M.C and M.S

  2. L and D says:

    Hi Fleetwood Synagogue Members,
    We just wanted to thank you for all your help in hosting our family for shabbos in your community.
    We enjoyed meeting everyone and getting to know the community.
    Thanks again,
    L and D

  3. Fleetwood Synagogue says:

    Fleetwood Synagogue Discovery Day For Potential Members – Sunday, January 10.

    As of December 20, 2009, two families have joined our community .

    The amount that is available for new families that will join us is $25,000. To find out more about the program, you can join us at our next open house on Sunday, January 10.

    If you know someone who may be interested in moving into the community, please have them contact us at info@fleetwoodsynagogue.org or visit our website http://www.fleetwoodsynagogue.org

    Fleetwood Synagogue
    11 E. Broad Street
    Mount Vernon, NY 10552

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