We are The Bridge Fund of New York Inc.
The mission of The Bridge Fund is to prevent homelessness for vulnerable, working poor individuals and families who are threatened with the loss of their housing, but often do not qualify for emergency government assistance.
Who we are.
Oscar S. Pollock
Chairman & Co-Founder
Mary Nan Pollock
“A problem that could have been solved for less than $1,000 ended up costing Westchester county $38,000 per year and the social fabric of a vulnerable person’s life was ruined.”OSCAR POLLOCK, Chairman and Co-Founder of The Bridge FundWays to Donate
What we do.
We help clients better manage their finances.
Loan repayments help neighbors.
A Bridge Fund loan is a good investment.
Housing a family in a public shelter costs Westchester or New York City $38,000 annually, while a $2,500 Bridge Fund loan usually stabilizes a client.
Provide financial assistance.
Interest-free loans or grants are given to pay rental arrears to keep clients in their threatened housing.
Our staff provides guidance and expertise.
We support anxious clients through the housing court process and act as an advocate for clients in securing additional benefits.
“Homelessness for children is more than the loss of a house. It separates them from their belongings, their pets, reassuring routines, friends and community. Ongoing, chronic stress can have profound and lasting effects that may still be manifested in adulthood.”Dr Ellen Bassuk, Founder of the National Center on Family Homelessness
Who we serve.
Clients Are Working Poor Individuals and Families
They work as
Bridge Fund clients have low income, high rents*
$23,844 average annual income – Westchester
$1,987 monthly – 44% spent on rent
$26,172 average annual income – New York City
$2,181 monthly – 40% spent on rent
They are referred to the programs by
They fall behind in their rent because
Most live in rent-regulated housing, almost impossible to replace, if lost
Children are hurt most by loss of a home*
Clients are culturally diverse, like our communities*
Source: 2014 Bridge Fund Data