Hope Enterprise Corporation shares a snapshot of the analysis of the Deep South in the wake of COVID-19 pandemic.

• CDFIs Provide Relief for Minority and Women-Owned Businesses that look at how the first round of PPP funding bypassed many of the small businesses it promised to serve, and how, by contrast, CDFIs like HOPE have a pipeline reaching businesses owned by people of color and women in the Deep South’s hardest hit communities.
• Deep South Job Losses due to COVID-19 likely to Far Eclipse those of the Great Recession shows how the 1.2 million unemployment claims filed last month in five Deep South states already far eclipse the jobs lost during the 2008 Great Recession (577,000).

Closing the CDFI Asset Gap reveals the current 6 to 1 asset gap between white-led and minority-led CDFIs.