icon-search icon-programRelatedInvestments icon-missionRelatedInvestments icon-lowIncomeHousingTaxCredit icon-technology icon-placeBased icon-loanGuarantee icon-minority icon-equityInvestments icon-close calendar chevron-thin-up chevron-thin-down chevron-thin-right chevron-thin-left icon-facebook icon-linkedin icon-twitter icon-youtube icon-caret icon-lock icon-star-in-circle heart-icon home-icon dashboard-icon messages-icon user-icon

Hope Enterprise Corporation

Asset Classes ServedWorking Capital, Single-Family Housing, Commercial, Commercial Real Estate, Community Facilities - Childcare, Community Facilities - Education, Community Facilities - Healthcare, Community Facilities - Other, Consumer, Microenterprise, Multi-Family Housing, Small Business, Consumer Mortgage, Low Income Housing Tax Credit, New Market Tax Credit, Rural
Geographies ServedArkansas, Louisiana, Mississippi, Tennessee
Services ProvidedNMTC
Interest Areas
Diversity Equity and Inclusion
Education
Food
Health
Housing
Minority
Small Business
Urban
Veterans
Women
Equity Investment
Loan Guarantee
Place Based
Program Related Investment

About HOPE

HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides affordable financial services; leverages private, public and philanthropic resources; and engages in policy analysis to fulfill its mission of strengthening communities, building assets, and improving lives in economically distressed parts of Alabama, Arkansas, Louisiana, Mississippi and Tennessee.  Since 1994, HOPE has generated over $2 billion in financing that has benefitted more than 1 million individuals in one of the nation’s most impoverished regions.

Mission

To strengthen communities, build assets, and improve lives in economically distressed areas of the Mid South by providing access to high quality financial products and related services

Products & Services

RETAIL FINANCIAL SERVICES

  • Checking & savings accounts, credit cards, debit cards, ATM cards
  • Individual Development Accounts, IRAs
  • Secured and unsecured loans, automobile loans, home equity loans, payday loan alternatives, debt consolidation loans
  • Access via regional branches, mobile banking, online banking, kiosks, micro branches, shared branching network

HOMEOWNERSHIP & AFFORDABLE HOUSING

  • Single-family mortgages
  • Low-Income Housing Tax Credits
  • Financing for development of rental and owner-occupied housing

BUSINESS LENDING

  • Loans for small & medium-sized businesses
  • New Markets Tax Credit financing
  • Public agency capital and credit enhancements
  • Financing for nonprofits, community facilities, healthcare facilities, community infrastructure
  • Loan participations

INTERMEDIARY SERVICES

  • Financial counseling including homebuyer education and credit counseling
  • Affordable housing development
  • Loan fund administration
  • Project design and Management

HOPE POLICY INSTITUTE

  • Budget & Tax
  • Development Finance
  • Education & Workforce Development
  • Financial Inclusion
  • Health & Healthcare
  • Housing

Read more in our 2016 Impact Report (digital) or download the pdf.