February 26 2013
Operation HOPE Receives American Red Cross Grant for Superstorm Sandy Recovery Program
Financial dignity nonprofit Operation HOPE announced today that it has been awarded a $500,000 American Red Cross grant to support recovery services for people affected by Superstorm Sandy.
Operation HOPE will use the funding to bolster rebuilding and recovery efforts throughout the 14 states that suffered hurricane damage by providing the following assistance:
- Deferring payments and renegotiating loans
- Creating a logical financial recovery budget and EITC refunds
- Obtaining copies of documents
- Filing and resolving insurance claims
- Foreclosure prevention
- Completing FEMA and SBA documents
- Completing home inspections
Selecting and managing a home repair contractor
“Operation HOPE’s response to Hurricane Sandy began in November and we currently have more than 6,000 disaster clients. We also understand that we have merely tapped the surface. With the support of the American Red Cross, we will be able to reach more residents that are still struggling with their financial recovery issues, as well as provide services more effectively,” said Fred Smith, president of HOPE Coalition America, Operation HOPE’s disaster financial recovery division. “We are pleased that the American Red Cross recognizes the importance of financial guidance and counseling and supports our work to help individuals recover in storm-torn communities.”
“Sandy is the largest U.S. operation by the Red Cross in more than five years, and thanks to the public’s generous support, the Red Cross has provided millions of meals, snacks and relief supplies, shelter and comfort to Sandy survivors – and we will continue to provide help,” said Gregg O’Ryon, Vice President of Readiness & Capacity Development for the Red Cross. “We know that recovery is a marathon, not a sprint, and programs such as this one by Operation HOPE are vital in helping people rebuild their lives.”
Part of the Red Cross’ Sandy recovery effort includes supplying grants to a broad coalition of nonprofits-- ensuring that partner organizations have the ability to undertake specialized recovery activities. The Red Cross has committed the money donated for Sandy relief to only be used to help the people affected by Sandy and grant funding to fulfill that commitment.
Formed in 2001, as a result of its national agreement with the Department of Homeland Security and FEMA, HOPE Coalition America focuses on pre- and post-disaster financial and economic stability. It is recognized by the American Red Cross and FEMA as a financial recovery responder and has assisted more than 500,000 individual, families and small businesses.