OPERATION HOPE INC

1MBB HOPEs 1 Million Black Businesses initiative (1MBB) provides the black community a successful path to wealth creation through sustainable and profitable business ownership. 1MBB participants can take advantage of coaching and educational services, access to expert volunteers and more. The 1MBB Initiative is an extension of the HOPE Small Business program with access to additional resources as made possible by support from key 1MBB partners. HOPEs team of dedicated Small Business Coaches can help entrepreneurs and new or existing small business owners identify their key needs and then provide the education, coaching and connections needed to improve their businesses. From program inception to date, HOPE has supported more than 462,814 unique black-owned businesses, which accounts for approximately 5% of all black-owned businesses in the U.S.

Disaster HOPE is a national partner of FEMA, addressing financial disaster preparedness, response, and recovery. Other disaster partners include the American Red Cross, the Economic Development Administration (EDA), corporations, and other volunteer organizations. Since 2001, HOPE has helped over 1.5 million individuals with pre-disaster financial preparedness and counseling, post disaster financial recovery, and FEMA application assistance to families affected in 148 major disasters across 30 states and Puerto Rico. In 2024, HOPE empowered 18,011 clients across the United States with the tools and resources needed to survive and thrive before and after a disaster.

FL4A- HOPE Financial Literacy for All is a national initiative to embed financial literacy into American culture, led by a prominent group of leaders from business, sports, entertainment and nonprofit sectors. This 10-year initiative will reach millions of youths and working adults by making financial literacy fun, while engaging them where they live, work, and celebrate. As of 2024, FL4A coalition members cumulative impact includes 2.1 million youths educated; 3.4 million adults educated; and 1.4 million employees educated.

CCAP - HOPEs Closing Cost Assistance Program (CCAP) provides closing cost assistance for clients in partnership with Fulton Bank. In 2024, the CCAP program helped clients get approved for $406,500 in closing cost assistance grants and securing more than $59.9 million in mortgage lending. Since inception, this partnership has assisted in allocating more than $10.4 million in down-payment assistance grants to help clients obtain more than 7,000 funded mortgage loans totaling more than $1.19 billion dollars.