Insurance, Wells Fargo, MasterCard, Coca Cola, the U.S. Commerce Department’s Economic Development Administration (EDA) and honorary partners Atlanta-based Capitol City Bank and Citizens Trust Bank, HOPE has made a concentrated effort to serve the Atlanta community and the Southeastern region.
“This partnership between Ebenezer Baptist Church, Operation HOPE and the Roundtable will empower generations far into the future,” said Steve Bartlett, president and CEO of the Financial Services Roundtable. “The HOPE Financial Literacy Empowerment Center will indeed be a beacon of HOPE, a city on the hill for millions of Americans.”
Since the groundbreaking ceremony in 2010, HOPE hosted a Financial Forum in partnership with the Federal Reserve Bank of Atlanta, opened the regional corporate office serving seven counties in the greater Atlanta-area, launched the Mortgage HOPE Crisis Hotline and the HOPE Consumer Credit Crisis Hotline in the region.
“Improving our communities in a tangible way is not always easy,” noted Reed, “but providing people with the resources and the knowledge to take control of their lives will positively affect our city for decades to come.”
Construction on the new HOPE Financial Literacy Empowerment Center has begun with H. J. Russell and Company hired on as the construction management firm.
In the next few months, the HCE project will be featured as a “best practice” at the HOPE Financial Literacy Forum to be hosted at the New York Stock Exchange in July and highlighted during the public unveiling of the Martin Luther King Sr. Memorial on the Mall in Washington, D.C., this coming August.
The flagship HOPE Financial Literacy Empowerment Center, Ebenezer is expected to be fully operational by early 2012. In addition, HOPE is planning a Global Financial Literacy Summit to be held in Atlanta in conjunction with the center’s opening and in celebration of HOPE’s 20th anniversary.
“The HOPE Express office is a great response by a national nonprofit and a pioneering church to bring financial empowerment services directly to the communities that need them,” said Atlanta District 2 City Councilman Kwanza Hall. “The closer and more convenient the services, the faster we can change the paradigm.”
In the Atlanta area, HOPE has educated a total of 26,405 youth in financial literacy through 1,495 active HOPE Corps volunteers and during Phase I, HOPE counseled 732 adults and assisted 114 families receive approval for mortgage modifications totaling more than $9.5 million.