Hardy resides in Atlanta, Georgia with his wife, Shaun, and their sons. Hardy dedicated his 2000 film Trois to his father, Robert, an investor in the movie and Rainforest Films, who died on Labor Day 1999 before the completion of the film. Hardy is a graduate of Florida A&M University and is a member of Alpha Phi Alpha fraternity. Hardy has completed studies at the New York Film Academy and has earned many nominations and accolades, including the Bernard Hendricks Student Leadership Award from FAMU, which is the highest honor bestowed on a student; the Meritorious Achievement Award from FAMU, which is the highest honor bestowed on an alumnus and the inaugural Woody Strode/Paul Robeson Award of Excellence from his fraternity, Alpha Phi Alpha.