How we’re building an economy where everyone can thrive. View in Web Browser [link removed] HIGHLIGHTS RESOURCES FROM
ACROSS THE COMMUNITY WEBINARS & EVENTS IN THE MEDIA From the President
Dear Friends,
Astounding.
That is the word that comes to mind when I reflect on our time at the Summit.
Just one month ago, over 1,000 of us gathered in Atlanta, GA to confront the question, ‘how do we reimagine our economy to work for all of us?’
Together, we committed to investing in Black, Indigenous, Latinx, and AAPI entrepreneurs of color [[link removed]]. Together, we called for a disruption to the status quo that has kept BIPOC communities in poverty [[link removed]]. Together, we celebrated the advances we’re making every day to transform our systems for racial economic justice.
When our difficult but necessary work feels daunting, I will bring my mind back to these memories to remind myself of the power of our movement and our togetherness.
Here's how we’ve hit the ground running since the Summit:
We’re continuing to call out and unpack the connections between violence and economic inequity [[link removed]] with our partners at March for Our Lives.
We’re delving into the racist and White supremacist roots of the racial wealth gap in housing policies and offering tangible solutions on how to increase wealth for BIPOC communities through inclusionary zoning policies and programs [[link removed]].
And this month, and every month, we’re striving to honor and celebrate the contributions of Latinx/Latine members of our community as we mark both Hispanic Heritage Month and National Latina Equal Pay Day.
We hope you’ll continue to lean into the power of our togetherness,
Gary L. Cunningham
President & CEO
Prosperity Now in the Media
Nonprofit Quarterly: Linking Racial and Economic Justice: The Struggle of Our Time [[link removed]], Gary Cunningham, President & CEO
AXIOS, Bloomberg Philanthropies unveils racial wealth gap database [[link removed]], Prosperity Now
Yahoo! Finance, The Fed will hurt some Americans no matter what it does: Morning Brief [[link removed]], Joanna Ain, Associate Director of Policy
AP News, DC’s pioneering ‘Baby Bonds’ plan aims to narrow wealth gap [[link removed]], Prosperity Now
The White House, Vice President Announces New Private and Public Sector Efforts to Align Tens of Billions in Investments in Underserved Communities [[link removed]], Gary Cunningham, President & CEO
Spotlight
Zoning In: How Inclusionary Zoning Increases Affordable Housing for Communities of Color to Build Wealth [[link removed]]
Inclusionary zoning (IZ) programs have the potential to increase homeownership among families of color in neighborhoods from which they have historically been excluded, providing opportunities to accumulate wealth through home equity, and ultimately helping to close the racial wealth gap. Read on for innovative solutions that can help implement or improve IZ programs.
This Hispanic Heritage Month Demands Multiracial Coalition Building for Economic Justice [[link removed]]
Although Hispanic Heritage Month is recently behind us, the stories and insights shared throughout the month remain top of mind. Our Senior Strategy Fellow, Abigail Golden-Vazquez, a self-described proud Latina, writes about her view on the celebratory month, the realities of being part of the Latino community in the U.S. and our continued push for racial and ethnic economic justice for all.
Policy Updates
Sign Your Organization on to Cut Child Poverty! [[link removed]]
The expanded Child Tax Credit helped lift millions of children of color out of poverty and is an essential component of any effort to build back for justice. We need your help in urging Congress to include the Child Tax Credit expansion in a legislative package this year. Read our letter and sign your organization on by Friday, November 4 to be a part of this fight!
Learning and Collaborating with our Policy Friends Across the Atlantic [[link removed]]
We were so proud to have our Associate Director of Policy, Joanna Ain, join policy experts from Mosaic Economic Project and the Progressive Policy Institute in London, Brussels and Berlin to discuss a number of issues that affect many groups both in the U.S. and throughout Europe. Check out the video below for some highlights from her trip!
Resources
Announcing the Launch of the Black Wealth Data Center, a Letter from Gary Cunningham [[link removed]] | Prosperity Now
Prosperity Now recently announced our partnership with Bloomberg to create the Black Wealth Data Center, a new database to help practitioners and policymakers address racial wealth disparities by making relevant data available to develop and implement effective programs and policies to increase racial wealth equity.
For an Economy That Works for Everyone, We Must Build Back for Justice [[link removed]] | Prosperity Now
An exploration of how Congress can help working families weather economic hardships by investing in affordable housing and renewing the Child Tax Credit expansion.
Webinars & Events
A Call to Action: Economic Opportunity Narrative Change Coalition Launch [[link removed]] | Prosperity Now & Camber Collective | November 8, 2022
This free webinar will begin to explore the strategies, campaigns and playbooks required to establish accurate and equity-centered economic narratives at scale.
Building Up Black-Led CDFIs: A Roundtable Discussion on Community-Led Banking [[link removed]] | Prosperity Now | November 3-9, 2022
Join us for a series of free webinars focused on the impact that funding, collaboration and advocacy can have on closing the racial wealth divide by investing in CDFIs.
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