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May 09 2013

HOPE Coalition America Posts Results for Project Restore HOPE: Hurricane Sandy



Los Angeles -- May 9, 2013 -- Since November 2012, Operation HOPE’s disaster preparedness and recovery division, HOPE Coalition America (HCA), has provided Disaster Financial Recovery personal counseling for 11,069 individuals and reached out to an additional 38,266 survivors referred by the American Red Cross for financial guidance and assistance, the financial dignity nonprofit announced today. These figures mark the initial efforts of HCA’s two year plan to provide services to individuals and small businesses affected by Hurricane Sandy in October, 2012. 
Through Operation HOPE’s disaster preparedness and recovery division, HOPE Coalition America (HCA), free financial recovery information and guidance is available for individuals and small business owners through a national toll free assistance hotline 888-388-HOPE (4673).
HOPE employees and volunteers were on the ground in November directly after the disaster, working out of the Disaster Recovery Centers in New York and New Jersey. HOPE participated in the efforts of the National Volunteer Organizations After Disaster (VOAD), New York VOAD, New Jersey VOAD identifying unmet needs of individuals and families. HCA representatives also met with local, state, and federal officials including FEMA, SBA, community based organizations, local faith based organizations, and other non-government agencies to collaborate, coordinate, and share information.
HCA’s community outreach efforts included seminars at community meetings, church services, recovery training events, and in Disaster Recovery Centers. “Days of Financial Recovery” were held in Brick, NJ hosted by Brick Mayor Stephen Acropolis and in Staten Island, NY hosted by Borough President James Molinaro.
HCA received commitments for $2.9 million of the $4.6 million that will be required to provide disaster financial recovery services to individuals and small businesses in New York and New Jersey throughout the recovery process. These commitments will provide the necessary funding to support a Disaster Recovery Office in New York City and regional offices in Staten Island, Brooklyn and Queens.
A $600,000 grant from the New Jersey Sandy Relief Fund will support regional offices in Brick-Ocean County, Newark and Atlantic City. The funding from the New Jersey Sandy Relief Fund was announced during a press conference in April, hosted New Jersey First Lady Mary Pat Christie with Operation HOPE's New York Market CEO Mary Hagerty Ehrsam participating.
With continued support, HOPE will continue the recovery programs and services of Project Restore HOPE: Hurricane Sandy through 2015.
The services provided to individuals include:
  • Disaster Recovery Budgeting
  • Deferring Mortgage Payments
  • Home Inspections and Repair Contracts
  • Assistance with Working with Creditors
  • Referrals to Government and Private Agencies
  • Assistance Obtaining Copies of Destroyed Documents
  • Insurance Claims Assistance
  • Completing Applications for Grants and Loans


For small businesses we provide:
  • Restructuring Business Plans
  • Cash Flow Management
  • Accounting Systems and Financial Projections
  • Resolving Business Problems
  • Banking Relationships
  • Loan Applications and Packaging
  • Sales and Marketing
  • Workshops and One-on-One Advice and Guidance

HCA has recruited and trained more than 500 volunteers, to complement our employees providing one-on-one guidance, with a goal to have 1,000 trained and available disaster recovery volunteers by July 31, 2013.
Commitments from partners make the efforts for Sandy recovery possible. Major supporters for the initiative include the Economic Development Administration, American Red Cross, JP Morgan Chase, Allstate, Ares Capital, UPS, CoreLogic, and Citicorp.