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County Reallocates ARPA Funds From Hope Credit Union

Montgomery County logoMontgomery County
Disclosed value
$3,015,000 (re-obligated portion)
From agenda
Document date
Apr 21, 2026

The 30-second brief

What it covers

The Montgomery County Commission approved an amendment to the ARPA Montgomery Thrive Small Business Program to re-obligate $3,015,000 from the Hope Credit Union credit enhancement fund into small business grants. The change shifts funding from a loan-first model to direct grant programming to better meet storefront needs.

Who holds it

Hope Credit Union holds this financial services contract with Montgomery County.

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Contract details

Contract type
Financial Services
Amount
$3,015,000 (re-obligated portion)
Document date
April 21, 2026
Vendor
Hope Credit Union
Agency
Montgomery County
Source document
Montgomery County Commission Agenda 2026-04-21 (Agenda)

Hope Credit Union's other public contracts

Montgomery County, AlabamaCounty Reallocates ARPA Funds From HOPE Credit Union · Apr 21, 2026Montgomery County, AlabamaHOPE Credit Union ARPA Loan Funds Reallocated · Mar 17, 2026Montgomery County, AlabamaHOPE Proposes De-Obligation of ARPA Loan Funds · Mar 17, 2026Montgomery County, AlabamaHOPE Recommends Reallocating ARPA Loan Funds · Mar 3, 2026Montgomery County, AlabamaHOPE Recommends ARPA Small Business Funds Reallocation · Mar 3, 2026All Hope Credit Union contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Montgomery County?

Hope Credit Union was awarded this financial services contract by Montgomery County, as recorded on April 21, 2026. The contract value is $3,015,000 (re-obligated portion).

How much is the Hope Credit Union contract with Montgomery County worth?

The Hope Credit Union contract with Montgomery County is valued at $3,015,000 (re-obligated portion), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Montgomery County Commission Agenda 2026-04-21 (Agenda), dated April 21, 2026 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hope Credit Union hold?

Hope Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Montgomery County currently buying?

Explore Montgomery County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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