Fleetwood Synagogue Housing Incentive Program
Description

Fleetwood
Synagogue is a small, friendly Modern Orthodox synagogue, led by
Rabbi Gedalyah Berger, 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 should be
an added attraction.
The
Fleetwood Synagogue Housing Incentive Program is intended to
provide funding 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
up to $25,000. It can be used toward the purchase of your home,
home renovations, or for your children’s education. It’s
yours. In exchange for the money, you agree to be dues-paying
actively involved members of the synagogue, and remain living in
the community for ten years. After ten years, you’re done – no
need to repay a penny. If you are unable to fulfill your
commitment, you will be obligated to repay the loan. The loan
will be secured, just as a mortgage is.
To qualify
for the program, a family must be accepted for membership in the
synagogue. The process for membership includes completing a
membership application followed by an interview with Rabbi
Berger. If you have any questions about the membership
application, please contact Rabbi Berger at (914) 664-7643, or
rabbi@fleetwoodsynagogue.org.
You will be
invited to spend a Shabbat in the community. You will meet
with a subset of the Membership Committee to answer your
questions.
Upon
successful completion of the membership application process, you
will need to complete the loan application. Your application
and all related materials will be held in the strictest of
confidence, and will be reviewed by a small committee. The
$25,000 will be paid upon the purchase of a house; $15,000 is
available upon the purchase of a coop or condominium.
If you have
any questions about the Fleetwood Synagogue Housing Incentive
Program, email us at
info@fleetwoodsynagogue.org.
Update (May 2012):
Eight families have recently joined Fleetwood Synagogue. Four families have taken advantage of the housing incentive program. They've moved from Brooklyn, Manhattan, Queens, Bergen County, Riverdale and Israel. They have 16 children among them. They work in real estate, medicine, academia, law enforcement, information technology, education and finance.
The incentive available for families purchasing a home and joining our synagogue is up to $25,000.
To find out more about this program, or if you know of an interested family, please contact us at info@fleetwoodsynagogue.org.