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Fisher Foundation Executive Director Doug Bitonti Stewart, Black Leaders Detroit CEO Dwan Dandridge and Hebrew Free Loan Detroit Executive Director David Contorer from a BLD/HFL/Fisher Foundation meet-up in 2020.
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Hebrew Free Loan Partners with Black Leaders Detroit HFL helps new nonprofit get off the ground. DANNY SCHWARTZ STAFF WRITER
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APRIL 15 • 2021
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n a showing of cross-community collaboration, Hebrew Free Loan (HFL) is helping Black Leaders Detroit (BLD) create a no-interest loan program to help Detroit’s Black community in ways it’s helped Detroit’s Jewish community for more than 100 years. David Contorer, executive director of HFL, and Dwan Dandridge, CEO of BLD, met each other in late 2019 at Durfee Innovation Society, a Detroit opportunity hub. Their similar mission to provide capital to people who couldn’t get it, whether they’re Jewish or Black, is what connected them, Contorer said. The two exchanged contact info and have been in touch regularly ever since. “I loved it right away,” Contorer said of the part-
nership idea. “We are in-mission focused solely on Jewish recipients of our loans, but it’s not a model I want to keep in a petri dish. I’m always looking to share things that work with other communities.” BLD, a charitable organization launched in 2019, seeks to provide no-interest loans to Black entrepreneurs in Detroit. “Realizing HFL has been providing no-interest loans in the Jewish community for 125 years, it only made sense for us to look at a blueprint that’s been successful,” Dandridge said. “They’ve been amazing as far as being welcoming to us and being an open book, answering any questions.” BLD may tweak their loan program to fit the community they serve, but HFL gives
