A non-profit service provider from Alexandria, VA, has filed for bankruptcy proceedings. New Hope Housing, Inc. provides a range of solutions related to housing and emergency shelter along with other support services.
The non-profit is seeking to reorganize its finances as a small business debtor while operations continue as usual under court supervision. Court filings list more than 100 creditors.
New Hope Housing, Inc. Files for Chapter 11
After serving the Northern Virginia community for around 48 years, the debtor made its filing on May 1, 2026. The case is being handled in the U.S. Bankruptcy Court for the Eastern District of Virginia.
According to filings on PACER, the debtor is proceeding under Subchapter V. This provision is designed for businesses that qualify for the requirements of a small business debtor.
Attorney Brittany B. Falabella of Hirschler Fleischer, P.C., is representing New Hope Housing, Inc.
Filings Made So Far
Filings include a list of the 20 largest non-insider unsecured creditors. These include the Estate of Zenobia Proctor, U.S. Bank Equipment Finance, Corporate Capital Funding, Truist Bank, The Ford Agency, and more.
Total unsecured claims exceed $500,000. Court records indicate that funds will be available for distribution to the unsecured creditors.
The other filings made by the debtor included a corporate ownership statement and a list of equity security holders.
A summary of the Chapter 11 petition, signed by executive director Ann Barrett, includes:
- Filing Date: May 1, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of Virginia
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-11054-BFK
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: Between 100 and 199
- Reason for Filing: Restructure business under court supervision
About the Company
Since its inception in 1978, the New Hope Housing, Inc. has been serving single adults and homeless families in Northern Virginia. According to its website, services include transitional housing, emergency shelter, and permanent supportive housing.
Additional services include homelessness prevention, education and employment assistance, mobile medical outreach, and rapid re-housing.
The latest filing by New Hope Housing, Inc. marks the beginning of a court-guided restructuring process, with Subchapter V shaping the case. Upcoming filings are expected to outline how the organization plans to meet its financial obligations.
