2023 Annual Impact Report

2023 Impact Report

Our Mission Homes of Hope opens doors for economic mobility through housing, economic and workforce development.

Our Vision To provide opportunities for generational change throughout South Carolina.

OUR TEAM Board of Directors

Advisory Council

Annah W. Toates Chair Toates Law Firm

Matt Alexander Parker Group Development

Mario Brown Vice Chair Affordable Upstate

Drake Saylors Drake & Companies, LLC

Jack Jamison RealtyLink

Valerie Miller Marchant Co.

Tim Revis Founder & Founding Chair - Emeritus Total Quality Home Builders & Waterfront Properties, Inc.

Craig Stipes Broadstreet Partners, LLC

Connie Williamson Retired Registered Nurse

Deidra Graham Retired

Travis Wharton Hollingsworth Funds Moryah Jackson United Community Bank Scott Kester Route 2 Capital Mary Swain Retired Registered Nurse Paul Gaeto Retired Dr. Byron Battle, Sr. Tabernacle Baptist Church Tim Bickel CSD Structural Engineers Charnise Mangle SC Governor's School for the Arts and Humanities Shirley Gambrell Retired Community Member William (Bill) deKay Retired Telecom Industry Entrepreneur

Ashley Harper Stipes Harper Corporation

Brian McKay Spero Financial

Staff Don Oglesby President/CEO Dawn Dowden Chief Operating Officer Scott Williams Director of Real Estate Denice Harris Director of Housing & Property Management Steve Vicari Director of Men's Workforce Development Dania Beck Resource Development Director Jenny Weidenbenner Client Resources Coordinator Jamie Shoemaker Financial Controller Randall Wohlford Construction Manager Anita Rodgers Client Services Manager

Sara Clinkscales Spero Financial

Carlton Cruell Facilities Maintenance Coordinator

Craig Williams Southern First Bank

Kenny Richards Staff Accountant

Pete McKenna SouthState Bank

Caroline Brezeale Office Manager

Rev. Stacy Mills Mountainview Baptist Church

Shannon Cole Grants Manager

Paul Gaughf Retired

Damel Cunningham Donor Relations Coordinator April Cooper Opportunity Center Building Coordinator Eric Archibald Project Foreman David Peebles Public Relations Manager Lacey Reaves Community Relations Coordinator Ashana Taylor Real Estate Development Associate Shane Burdette Construction Site Superintendent Stacee Henderson Property Management Associate Stephanie Lucas Property Management Operations Manager Kelly Brown Property Management Compliance Manager Lloyd Jackson Men's Workforce Development Project Coordinator

FROM THE CEO Impact is a big word for us in our work. It’s the “widget” we produce and distribute into the community. It is also our hope that it is a “widget” you want to “purchase” by way of investing in us, our mission, and our vision.

This 2023 Impact Report is a compilation of generational change, our strategy to achieve this, and data/info that would hopefully inform your decision to invest.

You will see that we have hit a milestone this year by completing our 700th home. This year we also saw the graduation of our 331st man from our Workforce Development program, and celebrated our 25th anniversary!!

Our vision is to continue this effort across the state of South Carolina— witnessed by the 181 affordable homes we currently have in the construction pipeline. Also, the expansion of our Men’s Workforce Development program will be achieved this year through the completion of our Gideon’s House (residential home for the men in our program) annex, enabling us to increase program capacity by 50%!

Caring for our housing clients will also see an acceleration of excellence as we expand bringing housing and property management services in-house to have trained and caring professionals doing this work in a way that shows extreme value to each household.

And connecting our men to economic mobility via their job training and financial education, making them marketable in the workforce remains a top priority! Offering connections to economic mobility for housing clients who seek the resources we can often connect them to, also remains a top priority!

Thank you for taking the time to review this publication! We are so very grateful to you for believing in us enough to support and encourage us.

Don Oglesby President / CEO

Homes of Hope 2023 Impact Report

AFFORDABLE HOUSING Developing Affordable Housing • Rental and for sale homes throughout South Carolina • Market quality • Mixed-income communities • Community input • Serving low-to-moderate income households • Leveraging resources » Social impact investing equity fund » Faith community partnerships » Community service provider partnerships » Hope Housing–business sector partnerships » Utilize housing market forces to create greater affordability » Government funding

Property Management for Affordable Housing • Own and oversee property management of 432 affordable rental homes throughout South Carolina • Quality customer care and maintenance • Connecting residents to community resources with a focus on economic mobility opportunities • Community partnerships with supportive housing services • Resident feedback • Compliance expertise

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AFFORDABLE HOUSING

193

AVERAGE NUMBER OF TIMES PER MONTH WE WERE CONTACTED

BY PEOPLE IN NEED OF AFFORDABLE HOUSING

ACCREDITATIONS & MEMBERSHIPS Certified CDC with SC Department of Commerce South Carolina CHDO Greenville County CHDO City of Greenville CHDO Member of SCACED Member of GAHC Steering Committee Member of Greenville Chamber of Commerce Member of TogetherSC Partner of Greenville Homeless Alliance Partner of Greater Good Greenville

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Homes of Hope 2023 Impact Report

INNOVATION IN HOUSING

Strategic Partnerships

Leveraging Resources

• We sometimes partner with for-profit

• Establishing an equity fund has expanded

developers, which allows us to obtain

our resources and opportunities.

more land for affordable housing in

• Leveraging faith-based funding from

mixed-income communities.

the community has more than doubled

• Through the social impact investing

our production of affordable homes for

model, we develop mutually beneficial

individuals and families moving out

partnerships that allow us to produce

of homelessness.

affordable housing without relying solely on government funding.

• Utilizing income from housing market forces to create greater affordability in our

• Hope Houses provide a unique opportunity

rental homes.

for businesses, individuals and faith-based organizations to directly invest in the lives of households experiencing poverty and men overcoming addiction.

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AFFORDABLE HOUSING

HomesofHope.org

NEW IN-HOUSE

DEVELOPMENT INITIATIVE

Our in-house construction team will craft quality affordable homes with much love, one development at a time. - Don Oglesby

Mixed-Income Neighborhoods • We intentionally ensure a diversity

Real Estate Development Real Estate Development began laying the

of incomes are represented among

groundwork for an in-house general contractor

neighbors. This creates a healthy balance

division. In this capacity, Homes of Hope will

of community.

serve as the Contractor for the construction

• When imbalance is present, we sometimes build market rate homes alongside more affordable homes.

• Our goal is the deconcentration of poverty and housing segregation by socioeconomic status.

of 30+ homes in Greenville County in 2023-24. We anticipate savings of 15-20% in construction costs, which will be used to keep rent as low as possible for our clients.

Real Estate D eve has filled two lopment positions to h new elp demand of in meet the development creased expectations .

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Homes of Hope 2023 Impact Report

HOPE HOUSES What Are HOPE Houses?

HOPE Houses are available to our lowest income Greenville County neighbors and are one of the few options that allows them a quality, energy-efficient home with the potential of asset growth.

While leasing, a household’s rental payment will still be around $425, which ensures they pay no more than 30% of their income for housing and utilities.

For some, home ownership is a goal and we connect these families or individuals to resources that provide home ownership education and mortgage readiness.

This year Self Help Credit Union was the mortgage provider for one of our HOPE House homeowners.

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AFFORDABLE HOUSING

HomesofHope.org

Why Are HOPE Houses Important?

Housing options for low-income households in Greenville County include unsafe or crowded homes, or mobile homes incurring high energy costs. HOPE Housing gives a needed quality, affordable housing option in rapidly gentrifying Greenville County. We reach the needed level of affordability by contributions from community sponsors, low cost or donated land, the men in our Workforce Development Program completing a large portion of the work and low-interest financing provided by local lenders.

HOPE Houses Solve

3 Problems with 1 Solution

1

2

3

Provides the men in our Workforce Development program who are overcoming addictions more marketability in the workforce, qualifying them for well-paying careers

Provides low-income households affordable rents and a possibility for home ownership

Provides homes built to a high level of energy efficiency for low-income households

SPECIAL THANKS TO OUR HOPE HOUSE SPONSOR:

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Homes of Hope 2023 Impact Report

HOUSING & PROPERTY MANAGEMENT Homes of Hope owns and oversees the management of 432 affordable rental homes throughout South Carolina.

These rental homes serve

low-to-moderate income households. By providing excellent customer

care and connecting households to community resource opportunities, housing stability is established, barriers are broken and opportunities for economic mobility pathways are created. All of —

302 4

HOUSEHOLDS MAINTAINING STABLE HOUSING FOR TWO YEARS

HOUSEHOLDS MOVED FROM RENTING TO HOME OWNERSHIP

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AFFORDABLE HOUSING

97%

PA

U

they are and provide the utmost care they deserve.

OCC

came from our desire to further meet our clients where

N C Y R AT

—

to manage a portion of our units in house. This decision

N A

This year, we expanded our property management staff

A WE M INTAI

E

this leads to long-term generational change.

HomesofHope.org

United Ministries deeply values our longstanding partnership with Homes of Hope—as a housing partner who honors the dignity of our shared participants and as a collaborator of new ideas and creative solutions for complex community issues. We are grateful to do this work alongside Homes of Hope and look forward to continuing that in the days ahead.

Lizzie Bebber, MDiv Executive Director - United Ministries

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WE HOUSE INDIVIDUALS AND FAMILIES FROM PARTNERSHIP ORGANIZATIONS. We have strong and impactful relationships with organizations throughout South Carolina. Our housing relationships with partner organizations create a support system for some of our most vulnerable neighbors to gain stability and pursue opportunities for growth.

OUR PARTNER ORGANIZATIONS United Ministries Safe Harbor Triune Mercy Center Department of Mental Health Upstate Warrior Solutions

Anderson Interfaith Ministries Front Porch Housing Jasmine Road Salvation Army

75

WE ESTIMATE HOUSEHOLDS ARE ACTIVELY ACCESSING COMMUNITY RESOURCES INCLUDING FINANCIAL WELLNESS TRAINING, EDUCATIONAL/CAREER IMPROVEMENT AND ASSET DEVELOPMENT

432

HOUSEHOLDS RECEIVE ACCESS TO COMMUNITY RESOURCES THROUGH EMAIL AND SOCIAL MEDIA

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Homes of Hope 2023 Impact Report

4

households moved from renting to home ownership

302

households maintained stable housing for two years

97%

occupancy rate benefitting our fiscal health

HOUSING & PROPERTY MANAGEMENT OUR IMPACT

75

households operated on a budget

75

households accessed economic mobility opportunities with partner agencies

44%

of housing clients are children

$104,038,872 Total Community Investment Since 1998

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AFFORDABLE HOUSING

HomesofHope.org

*Map represents rental homes by county.

GREENVILLE

ANDERSON

SPARTANBURG

YORK

LAURENS

We provide affordable housing solutions throughout the state of South Carolina

RICHLAND

through a

combination of strategic approaches maximizing land use, minimizing development costs, and leveraging public-private

CHARLESTON

Opportunity Center completed and

75

partnerships and innovative construction techniques. By employing these strategies,

homes in the pipeline

Homes of Hope continues to expand access to safe, quality housing for all South Carolinians.

700

Rental and For Sale Homes Since 1998

181

Rental and For Sale Homes in the Pipeline

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Homes of Hope 2023 Impact Report

LESTER & CHERYL CASH EVANS Homes of Hope Housing Clients Living in Clinton, SC Cheryl worked at Fluor Corporation for 20 years until she had to leave due to health problems. Lester is a retired United States Marine, who served in Vietnam.

Cheryl says, “You know, you get your education, you marry, you start a family. I did all those things, but I've learned don't ever plan so much that you don't leave room for God. God can take your life in a whole different direction from what you planned.

We had a really hard time. We ended up moving here, and we found Homes of Hope online and then applied. Thank God it opened up.” Lester added, “We were flabbergasted. We were blown away because we had no idea that the house we were moving into had never been lived in before. That’s got to be one of the most beautiful feelings.”

advancing. I believe that if we weren’t at Homes of Hope our mindset wouldn't be what it is today. And that's just the true reality of it. But because we're where we are at, God gave us the opportunity to reach another level and so we want to try to help others to reach that same level. We gained a lot of wisdom, patience, and understanding. We can say we've been there; we can relate.

We haven't given up on homeownership.

We will continue towards that goal until we reach it, then go to the next level while helping others. For now, we’re just thankful and grateful to be here where we are.

I have been up and I have been down, but I've learned to be content. I'm not giving up before the miracle happens."

Cheryl said, “When we got in their program, it let us know that even a little, whether it was $10 a week, $25 a week that yes, even if it's a little, you can save something. It just kept advancing and

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AFFORDABLE HOUSING

HomesofHope.org

We were blown away because we didn't know that no one had ever lived in the house we were moving into.

That's got to be one of the most beautiful feelings.

- Lester Evans

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Homes of Hope 2023 Impact Report

MEN'S WORKFORCE DEVELOPMENT In our year-long residential program designed for men overcoming addiction, we offer tailored job training, Christian discipleship, mentorship, life skills, and access to resources for economic mobility. The impact of our program is truly transformative, yielding graduates who not only acquire job-specific skills, but also cultivate invaluable soft skills applicable in all aspects of life. This transition marks a profound shift—from being a burden on the community to becoming a proactive contributor to society. As our graduates step into the workforce, they embark on a career trajectory defined by wages that exceed basic living standards and abundant opportunities for professional growth.

FINANCIAL WELLNESS TRAINING

Affordable & EnergyEfficient Housing Affordable & Reliable Transportation Sustainable Employment Educational Improvement

100% success rate in all four pillars among the class of '23

LOVE OF CHRIST

T H E AV E R AG E PA RT I C I PA N T G R A D UAT ES W I T H :

1200

HRS of on-the-job training

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360

HRS of spiritual discipleship

MEN'S WORKFORCE DEVELOPMENT

200

HRS of classroom training

HomesofHope.org

Men's Workforce Development Sponsors and Partner Agencies Golf for Greenville

Dwayne & Beth Drake

Hathaway Foundation

Arnold & Kristie Kimmons

Fluor Corporation Fellowship Greenville Buncombe St. UMC Dick Brooks Honda Greenville Technical College Miracle Hill Ministries Network Controls & Electrical Viper Electric New Horizon Family Health Services Resurgent Capital Services SC Department of Social Services

Tim Revis Valerie Miller Craig & Ashley Stipes Jim & Debra Stephenson Tim Bickel Drake Saylors Robbie & Paige Haney Fluor Employees Rick Hammet Greg Hynds Responsive Steward Fund Jasper Cannon Joy Rishe

United Ministries

Eva Drake

United Way of Greenville County

Kendra Jackson

Ash & Karen Patel

John Collier

Matt Alexander

Cindy Williams

Michael Foster

Travis Wharton

SPECIAL THANKS TO OUR MWD SPONSORSHIP CHAMPION:

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Homes of Hope 2023 Impact Report

331

total graduates to date

6

men received OSHA30 certification at Greenville Technical College

6

class of 2023 graduates

$18

MEN'S WORKFORCE DEVELOPMENT OUR IMPACT

100% success rate in all four pillars (pg 14) among our 2023 graduates

average starting hourly wage for graduates

3

men received their driver's license

secured Sustainable Employment secured Affordable & Energy-Efficient Housing secured Affordable & Reliable Transportation improved their Education

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MEN'S WORKFORCE DEVELOPMENT PROGRAM

HomesofHope.org

Men's Annex This year our Men's Workforce Development program began an annex expansion that will increase the program's capacity by 50%. The Men's Annex will house four men in the work phase (Phase Two) of the program. We broke ground on this project this fall and hope to have it completed by mid-spring 2024.

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Homes of Hope 2023 Impact Report

WHERE I FOUND HOPE

By Dillon Larson My name is Dillon Larson, and I am from Kansas City, Missouri. My brother and I grew up in the foster care system. We were constantly being moved from home to home and from school to school.

Life was rough for a while and I didn't know how to handle everything that was thrown at me, so I often ran away for days or weeks at a time.

When I was nine, a couple from Kansas City adopted me and my brother.

Life was good for a few years, but I had a lot of trauma and pain inside of me and I didn't know how to deal with any of it.

I got my first charge for drinking when I was 13. I was in and out of juvenile detention centers 14 times and I just kept getting in trouble. I was very angry, lost and confused. I would get in fights; I would skip school.

It really put a strain on the relationship with my adoptive parents. Your parents love you and they want the best for you, but they can only do so much. And honestly, the best thing that they could do was put me in juvie.

It just reached a point where I had enough. I realized I was dying mentally, physically, and spiritually. I knew that if I didn't get help, then I would be dead. I was going to die.

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Eventually I was given an opportunity to attend Miracle Hill’s Overcomer Center here in South Carolina.

I was planning to go to Miracle Hill Overcomers for seven months, and then go into transitional housing. That was my plan, but God had other plans. I knew someone from the Homes of Hope Men's program who kept encouraging me to fill out an application.

I filled out an application and I prayed about it, and I said, “Lord, if this is where you want me to go. I pray that you would open the door for me to go there.”

And here I am. You have no idea what you are walking into, but when you get here, you're like, "Man, I am blessed to be here."

This is truly where I found hope. I have learned a lot. I jumped right in and I discovered that I enjoy working and working hard.

They helped me learn the residential side of electrical work which is something I really like and enjoy. When you can make something work and make it operational, it is really fulfilling.

I knew I would come here to build homes and do construction and electrical work, and I was fully ready to do all that. What I didn't know was that the Lord brought me here, not just so I could help build homes, but so He could build me up.

MEN'S WORKFORCE DEVELOPMENT

And here I am. You have no idea what you are walking into, but when you get here, you're like, "Man, I am blessed to be here."

- Dillon Larson

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Homes of Hope 2023 Impact Report

FISCAL HEALTH Revenue Housing & Property Management $3,648,228 Community Support - $2,366,282 Real Estate Development - $935,182

Total -

$6,949,692

Expenses Housing & Property Management $3,630,469 Real Estate Development - $805,977 Fundraising - $698,167 Administration - $451,906 Workforce Development - $447,657

Total -

Numbers based on 2022 - 2023 Fiscal Year.

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$6,034,176

DONOR SPOTLIGHT:

Ed and Deidra Graham

U O Y K N A H T A! R D I E D & ED

We benefit tremendously from every moment and dollar we share with Homes of Hope. They care for many [individuals] we couldn't reach on our own.

We believe in its unique mission of making generational change, largely because the HOH leadership is so genuine! Through our involvement with the Men's Workforce Development team, we have met so many wonderful men and have even made new friends! Homes of Hope uses every supporter's commitment to reinvest directly in lives and communities, and we're thankful to share in it.

Grant Partnerships Wells Fargo Foundation United Way of Greenville Spartanburg County Foundation SC Christian Foundation Dabo's All-In Team Foundation John I. Smith Charities, Inc. Community Foundation of Greenville Dawn Laurel Foundation W. W. Burgiss Charities Georgia Pacific Bon Secours St. Francis Foundation SCACED

Pierce Family Foundation Coastal Community Foundation of SC First Horizon Bank Foundation Sisk Foundation The Leon Levine Foundation Sisters of Charity Foundation of SC Jolley Foundation Hearst Foundations Fluor Foundation Honeycomb Youth Philanthropy PNC Foundation Buncombe Street United Methodist Church

SPECIAL THANKS TO OUR SPONSORSHIP CHAMPIONS:

HOW YOU CAN HELP Donate Online: Visit HomesofHope.org/support - OR - scan the code below.

By mail: Homes of Hope 3 Dunean Street Greenville, SC 29611 Donations are tax deductible.

Pray Visit HomesofHope.org/support to sign up for our e-newsletter.

Volunteer Various volunteer opportunities are available throughout our programs depending on our current needs and your unique gifts and abilities.

We welcome all to take part! Contact us at info@homesofhope.org to learn how you can help your community.

Join the Conversation @homesofhopesc @homesofhopesc @HomesofHopeSC Homes of Hope, Inc.

3 Dunean Street, Greenville, SC 29611 | 864.269.4663 | HomesofHope.org