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Z.O.A. to Establish Loan Fund for American Settlers in Israel

May 9, 1957
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The Zionist Organization of America will establish a special loan fund to assist American settlers and prospective settlers in Israel, it was announced here today by Dr. Emanuel Neumann, ZOA president. He also announced a plan for one year of work and study in Israel by young American adult Zionists.

The year-in-Israel program, approved by the appropriate departments of the Jewish Agency, is designed to familiarize young adult Zionists in the age group of 21-30 with all aspects of life in Israel by enabling them to spend a period of one year in orientation study courses and in work in their various professions under conditions approximating those in the United States. Four months are to be devoted to the study of Hebrew, Israel geography and development, and basic problems relating to government, economics and other subjects.

The following two months will be devoted to working in various towns and settlements, including the ZOA Agricultural Training Institute, Kfar Silver. In the remaining six months, each of the participants will work in his own profession or field of service in private enterprises or public institutions. The participants in this program would comprise young professionals, college graduates or others having special skills. It is expected that the first group will leave for Israel in the Fall of this year.

The loan fund to assist American settlers and prospective settlers in Israel is intended to ease some of the strains encountered by American settlers, especially young professionals. In administering this loan fund, the ZOA will invite the cooperation of Hitachdut Olei America (The Association of American Settlers in Israel), Dr. Neumann said.

At the same time, Dr. Neumann announced that a group of 30 youths, members of ZOA Young Zionist Districts, will go to Israel this summer to participate in the Jewish Agency’s Leadership Training Institute in Jerusalem. The group of young Zionists will leave New York by plane July 14th and is due to return August 30th. The fee for the Summer Institute is $795 per person, including transportation to and from Israel and all other expenses on the spot.

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