The Federal Emergency Management Agency has renewed its partnership with Operation Hope Inc. in an effort “to strengthen and expand” pre-disaster financial counseling assistance to homeowners and their families so they can “recover in the shortest time possible.”
Upon the renewal the agency called on “corporate America to join” an effort that assists everyone in their communities.
Following the new memorandum of agreement Hope Coalition America will provide free counseling and educational workshops designed to prepare natural disaster survivors for the financial challenges they need to face in the aftermath.
The goal is to provide tips and information to potential disaster victims so in case of emergency they are prepared to manage their debt obligations, such as their mortgages, or their mortgage insurance.
According to the FEMA-Hope Coalition agreement services will be offered through various actions including the development of publications, manuals, seminars and brochures.
Operation Hope is specialized in mobilizing volunteers from various financial services industry entities that offer guidance before, during and after natural disaster emergencies in coordination with FEMA’s disaster recovery centers.
The agency’s administrator Craig Fugate said FEMA sees this preemptive approach to disaster counseling as the best way to increase financial counseling efficiency when a disaster strikes.
