INSIDE: Baby Bonds, APAHM, and ways to get involved
No images? Click here
Spring has arrived, John, and here at Prosperity Now, we’re excited about the opportunities and transformations this season has brought with it. From the monumental steps taken by state lawmakers to bring Baby Bonds to children born into poverty in Connecticut to our impactful partnership with AANHPI-serving organization, National CAPACD, to commemorate Asian American and Pacific Islander Heritage Month. Together, we’re bringing to the forefront the discussion on accurate data, CDFIs and wealth-building tools that support AANHPI economic equity and justice.
There are many ways to get involved this season at Prosperity Now! If you agree with us that every child and family deserves the opportunity to have a thriving future, mark your calendar for June 13 for our Day of Action #ForEveryKidsFuture. Stay tuned for more information on how to show your support for Baby Bonds, a promising solution that could begin to address the racial wealth gap in the U.S. If your organization has an active leadership and convening role in your state, local or native community, consider applying to become a Community Champion and join a powerful cohort of leaders who are committed to advancing strong and effective programs and policies at all levels of government.
We appreciate your commitment and support in creating a better future for families and an economy that works for everyone. Thank you for being a part of the Prosperity Now Community!
Gary Cunningham
President & CEO
Prosperity Now
Come Bond over Baby Bonds With Us 👶
We’re thrilled to invite you to join us and Senator Cory Booker (D-NJ) for a Capitol Hill event to highlight and build support for Baby Bonds and the American Opportunity Accounts Act nationwide as part of our Day of Action for Every Kid’s Future. We hope to see you on Tuesday, June 13 for this important discussion! And stay tuned to learn how you can get involved in our Day of Action for Every Kid’s Future!
“If You’re Not at the Table, You’re on the Menu:” Looking Back at our Racial Economic Equity Fellowship
With the support of Bank of America, Prosperity Now launched a 12-month initiative to investigate and address structural inequities that nonprofits of color face. Prosperity Now created a cohort of BIPOC-led nonprofits to collect and share information, build capacity, and improve the technical assistance capabilities of the participating nonprofits. The initiative focused on two southern cities with diverse populations and nonprofits: Savannah and Memphis.
The cohort included five participating nonprofits and established the Racial Economic Equity Fellowship, which focuses on achieving organizational goals, providing resource and communication support, and organizational pitch development strategy. Read more below!
Let’s Talk Housing Stability for Renters
Earlier this week, CASA Lead Organizer, Jorge Benitez Perez, joined our State and Local Policy Manager, Seanniece Bamiro, to talk about how CASA de Maryland is working in Prince George’s County, MD to support keeping residents housed, especially focused on communities of color and immigrants. Listen to the full conversation below to learn how local policy solutions can be a model to create broader support for renters across the country.
What's New from Prosperity Now and the Field
Don’t Send Just Flowers on Mother’s Day—Support Moms with Paid Leave! | Prosperity Now
This Prosperity Now blog explains that extended paid leave policies could help protect and honor mothers and parents across the country.
Republican Debt-Ceiling-and-Cuts Bill Would Cost States and Local Communities $1.3 Trillion | Center on Budget & Policy Priorities
House Republicans’ plan to cut funds in the federal budget would cut off money to essential services like schools, transit, and aid to families in crisis.
Protecting Stable Homeownership and Rental Housing in Michigan | Prosperity Now
In this interview, Laltsha Cunningham of Gesher Human Services discusses strategies to create sustained financial security and stable housing in Michigan.
‘Weathering’ Widens the Gap in Racial Health Disparities | Spotlight on Poverty & Opportunity
A University of Michigan researcher has proven that suffering constant stress from living with poverty and discrimination can cause damage to the body at a cellular level.
CDFI Playbook: A Guiding Tool for Increasing Impact and Scale to Strengthen Black Entrepreneurship | Prosperity Now
In partnership with 5 high performing Community Development Financial Institutions (CDFIs), Prosperity Now created a CDFI Playbook to Support Black and BIPOC Entrepreneurship.
The incredible shrinking infrastructure workforce — and what to do about it | Brookings
Over a year into President Biden’s infrastructure plan, the infrastructure workforce is often overlooked and undersized.
Are You Joining Us?
Webinar: Commemorating 55 years of the Fair Housing Act | Prosperity Now | May 25, 2023
Virtual Event: Enhancing Child Well-Being with Cash Assistance: Lessons from the Child Tax Credit and Next Steps for States | Urban Institute | May 24, 2023
LinkedIn Live: Overcoming Financial Barriers: The Importance of CDFIs and Credit for AANHPI Entrepreneurs | Prosperity Now | May 31, 2023
ICYMI
Webinar Recording: 2023 Tax Filing Debrief | Prosperity Now | May 4, 2023
Webinar Recording: Maximizing Community Impact: Scaling VITA Services with Self-Preparation | Prosperity Now | April 25, 2023
Webinar Recording: Human Service Power Brokers: Using ARPA to Drive Racial Economic Equity | Prosperity Now | April 20, 2023
Webinar Recordings: Learn & Grow Series: Strengthening Black-led and BIPOC Entrepreneurship Serving CDFIs | Prosperity Now | May 3-17, 2023
The Pulse on Prosperity Now
Senator Cory Booker: Booker, Bonamici Introduce Consumer Protection Legislation to Protect Taxpayers from Unscrupulous Tax Preparers, Prosperity Now
- Forbes: Wells Fargo’s Darlene Goins Leads Partnership With Operation Hope Removing Barriers To Financial Inclusion, Prosperity Now
Yahoo! Finance: IRS to launch its own free tax-filing service in pilot program next year, Joanna Ain, Associate Director of Policy
- Yahoo! Finance: Time is dwindling for 1.5 million taxpayers to get unclaimed 2019 tax refunds, Joanna Ain, Associate Director of Policy
- Nonprofit Quarterly: Looking for Tax Money in All the Wrong Places: Structural Racism at the IRS, Prosperity Now
