Hebrew Free Loan of Austin Joins Forces in$3.4M Aid Effort for Israel
By Debbie Cohen
Hebrew Free Loan of Austin (HFLA) proudly announced its participation in a crucial initiative led by the International Association of Jewish Free Loans (IAJFL). Together, they are channeling a substantial $3.4 million interest-free loan to Ogen, their sister agency in Israel. This collaborative effort involves 17 member agencies of the IAJFL, uniting to provide emergency financial assistance to Israeli individuals and families in the face of ongoing challenges.
Adding to the generosity, the Board of Directors of HFLA collectively gathered over $15,000, contributing significantly towards this noble cause.
The economic upheaval in Israel, stemming from the October 7 terrorist attacks and the persistent conflict with Hamas, prompted Ogen to launch the Swords of Iron Emergency Relief Fund. This fund offers interest-free loans to tens of thousands of Israelis grappling with displacement and economic hardships.
Expressing solidarity, President & CEO of the Hebrew Free Loan Society (New York) Rabbi David Rosenn stated, “In ordinary times, our lending is restricted to local needs, but this is no ordinary time. Thousands of Israelis need financial support to cope with the war’s economic impact. Partnering with Ogen is a natural way for IAJFL member agencies to help by providing immediate funds and showing Israelis that we care. When the loans are repaid, these funds will be recycled to help us meet needs in America.”
Israel is in a state of national emergency following the brutal October 7, 2023 attacks on innocent civilians. With more than 360,000 reservists called to active duty and small business owners, especially in the South near Gaza, unable to conduct business as usual, the economic fallout is widespread. Ogen’s Swords of Iron Emergency Relief Fund responds to this crisis by providing interest-free loans to assist those who have lost homes, livelihoods, and are living in conflict zones.
HFLA board member Adam Grossman had a personal incentive to support this effort and explained, “Having over 150 relatives in Israel, including 30+ on active duty in the IDF, I am very proud of HFLA for supporting OGEN. Israelis are putting their jobs and financial future on the line in order to defend Israel. It is on all of us to ensure their families are taking care of if a financial need arises.”
When Ogen launched this critical effort to aid Israelis in the aftermath of the October 7th attacks, Hebrew Free Loan of Austin’s Board of Directors eagerly joined IAJFL and its members to stand in solidarity with their sister agency. As with many Austinites, the HFLA Board has many familial connections to friends and family in Israel. The funds provided by IAJFL agencies will support interest-free emergency relief loans of up to 60,000 shekels (approximately $15,500) to individuals and families. HFLA Board Chair Ed Hockfield added, “I cannot be prouder of our board. We felt strongly that the impact to our community because of having family and friends in Israel was such that our mission demanded action and we responded.”
Latest Posts
Journey of Growth: Chabad’s Growth the Austin Jewish Community
Cover Photo: From left to right: Rabbis & Rebbetzins Levi Levertov, Menucha Levertov, Nechomele Levertov, Shmuly Levertov, Rochel Levertov, Yosef Levertov, Mendy Levertov, Mussy Levertov, Rikki Hertz, Mendel Hertz, Mendel Marasow, Mussi Marasow. Not pictured are...
Austin Community Rocks at IGNITE!
From left to right: Marty Davis, Robin Davis, Lainie Polland, Jonathan Polland. Credit: Lindsay Thorne Photography By Margaret Praderas On Sunday, April 7, 2024, more than 1,000 community members gathered for an evening of celebration and commemoration at Shalom...
Shalom Austin Honors Achievements and Milestones at 2024 Annual Meeting
From left to right: Community gather in the Epstein Family Community Hall for Shalom Austin's 2024 Annual Meeting on May 21, 2024. Credit: Andrew Holmes By Wendy Goodman Shalom Austin held their 2024 annual meeting on May 21 with more than 100 community members in...
HEALTH & WELLNESS
Fitness
Swimming
Tennis & Pickleball
Sports
EDUCATION
Jewish Culture & Education
Early Childhood Program Preschool
After School & Childcare
Camps
ARTS & CULTURE
Literary Arts
Visual Arts
Theatre & Film
Dance
COUNSELING & SUPPORT
Jewish Family Service
Counseling & Groups
Case Management
References & Resources
Copyright Shalom Austin 2025. Privacy Policy.