No-Interest Loan For Deferred Action


It sounds like a dream come true.  And in a way it is. Thanks to an anonymous donor the NYC DREAMer Loan Fund can help you pay the $465 fee for the  Deferred Action for Childhood Arrivals Program  (DACA).

The fund is administered through the New Economy Project, formerly the  Neighborhood Economic Development Advocacy Project  (NEDAP), which is working with community groups.

The community groups will provide free screening assistance and help you fill out the application. Once that’s done, they’ll send you to  NEDAP, which will connect you with either the  Brooklyn Cooperative Federal Credit Union  (BrooklynCoop), or the  Lower East Side People’s Federal Credit Union . The credit union will actually make the loan and you’ll have to repay it on a monthly basis for a year.

Watch the video to get all of the details.

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