Operation Hope Teaches Financial Skills in Inner City
323 views · Published 7 August 2008 · 2:17 · Indexed 20 September 2026
Channel: Voice of America · 2008 · Education
Thousands of Americans have lost their homes after defaulting on adjustable-rate mortgages. As their monthly payments rose, they were unable to make those payments. The U.S. Congress has intervened to help, but the crisis has shaken the credit industry, slowed U.S. home sales and hurt the economy. It has also highlighted the need for financial literacy. Mike O'Sullivan reports a Los Angeles organization called Operation Hope is giving people the skills they need to buy a home or start a business.
