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Companies that Give Back to Society

November 30, 2022


Comparably

Certainly, when the first large companies began, there was little thought that any business might actively work to give back to society in general. But we’ve come to expect more from our corporate entities over the last 25 years, and many have responded by kicking off internal programs dedicated to just that – giving back. With Thanksgiving just around the corner, let’s give some thanks to these organizations for paying it back.

Please tell us why you are compelled to give back to society as a company?

We’ve always been dedicated to being good owners and good neighbors — and this commitment extends far beyond our home equity investment product and our interactions with both each other and our homeowners. That’s why it’s important for us to put time, energy, and resources toward making a difference. This includes improving our neighborhoods, building a more diverse, equitable, and inclusive culture; and helping homeowners, youth, and underserved groups increase their financial literacy.

What are some of the ways your company gives back?

We’ve partnered with Boston-area nonprofit organizations to make our communities better places to live for everyone in as many ways as we can, whether it’s through sharing our time or material items with those in need. We’ve provided essential household items for families with The Home for Little Wanderers, donated school supplies and clothing to homeless children with Cradles to Crayons, and created activity kits for children in transition to permanent housing with Heading Home — just to name a few. In addition, we’re committed to increasing financial literacy through providing economic mobility services like education and career path development with the ultimate goal of ending generational poverty. We’re determined to make a big difference in the world around us, one small step at a time.

This article originally appeared on Comparably. Read it here.


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The Hometap family of companies utilizes Hometap Equity Partners, LLC and Hometap Homeownership Solutions, LLC to provide Hometap Home Equity Investments (HEI or HEIs). Each entity has the ability to enter into a HEI directly with the consumer:

Hometap Equity Partners, LLC dba Hometap. NMLS ID# 2467867 361 Newbury St, 5th Floor, Boston, MA 02115 NMLS Consumer Access

Hometap Homeownership Solutions, LLC dba Hometap. NMLS ID# 2819930 361 Newbury St, Office 450, Boston, MA 02115 NMLS Consumer Access

Hometap Real Estate Equity Partners, Inc. holds real estate brokerage licenses in certain states. California DRE #02191883

A Hometap HEI has a ten (10) year term, during which no monthly or recurring payments are required. Hometap records a lien against the property, in the form of a mortgage or deed of trust, to secure its interest. You may choose to settle the Investment at any time during the term without incurring any penalties by exercising an Owner Repurchase. If you do not settle the HEI by the expiration of the term, your Hometap HEI provider may exercise its right to acquire a percent ownership interest in the property and then work with you to sell the property. You may contact either Hometap entity at hello@hometap.com (for prospective or current applicants) or homeowners@hometap.com (for homeowners with an active HEI) for more information. Eligibility criteria are subject to change. For current criteria, please contact your Hometap HEI provider at (855) 223-3144 or visit www.hometap.com/faqs

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