Stop homelessness before it happens
Often, as little as $2,000 can mean the difference between a home and the streets for the economically vulnerable. Our Short Term Eviction Prevention (STEP) Fund bridges the gap for Angelenos at risk of imminent homelessness by providing quick-turnaround, easy-to-access, no-interest micro loans of up to $2,500.
Our approach
Established for low-income individuals at imminent risk of eviction
Three-year repayment terms for loans of up to $2,500
Prioritize service for prior homelessness, foster care, or Income < 30% AMI
Zero interest; no expenses or hidden fees
Unlike other loan programs, our loans are with no required collateral or guarantees
Driven By Research
The efficacy of the STEP Fund program is being evaluated in a large-scale scientific study by the Wilson Sheehan Lab for Economic Opportunities (LEO), a research center that studies effective poverty interventions, at the University of Notre Dame.
