Sponsor Highlight, April 2020: Hope Enterprise Publishes "Closing the CDFI Asset Gap"
Sponsor Highlight, May 2020: A Community Development Credit Union That Grows Every Time There is a Disaster
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.