City Treasurer Kurt Summers on Wednesday announced the second Chicago location of a HOPE Inside financial empowerment center, aimed at bringing financial literacy directly into underserved communities.
At the event for the launch of the Bronzeville location, Summers hailed the centers as a way to help tackle some of Chicago’s most persistent problems, like violence, poverty and segregation.
“The root causes to our city’s greatest challenges are economic in nature, and addressing those challenges requires that Chicagoans have access to the tools and resources that they need to build a better future for themselves, their families, and the generations to come,” Summers said.
The HOPE Inside centers are part of Chicago Uplift 2020, an effort to bring financial empowerment resources to Chicago neighborhoods. The first location opened in Englewood in 2016. The project is a partnership with Operation HOPE, a nonprofit that works on similar initiatives throughout the U.S.
“Our vision is to create a stronger, more inclusive economy through financial empowerment – and financial dignity,” said Operation HOPE founder John Hope Bryant in a statement. Operation HOPE and the city treasurer’s office hope to add locations throughout Chicago, where residents will be able to learn about financial literacy, small business development, personal finances and pursuing home ownership.