This month’s newsletter is packed
with forward momentum!

From new tools and funding opportunities to real stories from the field, this issue is packed with resources that can move your work forward.

Explore what’s next for community finance, hear directly from small business leaders, and find out how you can shape the future of small business, homeownership, tax access, and family support. Everything here is built for the real world you’re navigating, whether you're in a housing counseling session or designing a lending product for your community. 

2025 Prosperity Summit:
Where Ideas Become Action

This isn’t your typical conference. The Prosperity Summit is where ideas meet action. You’ll find over 40 dynamic sessions, curated excursions, and a main stage that mixes smart conversation with powerful stories. Expect less PowerPoint, more real talk – from startup founders, housing counselors, funders, and frontline staff shaping what’s next. 

If you're working on solutions that meet people where they are – whether it’s housing, business ownership, or family support – this is the place to connect, share, and recharge. Because together, we thrive. 

Join us October 5-7 in Washington, D.C. and be part of the movement shaping what’s next. 

Become a Sponsor 

The Prosperity Summit wouldn't be possible without the generous support of our sponsors. Sponsoring the Summit is more than visibility; it's a chance to be part of a community shaping the future of economic opportunity.

To learn more, contact our Business Development Team at  [email protected]. 

Pitch Your Solutions:

2025 RISE Challenge Deadline Approaching

Got a Bold Idea? The 2025 RISE Challenge Wants to Hear It 

Are you building something that could make community lending faster, easier, or more effective? The 2025 RISE Challenge is open, and we’re looking for tech-enabled solutions that help CDFIs and community lenders do what they do best: serve people. 

One winner will be selected to embed their tool in Prosperity Next, our national platform modernizing CDFI lending. This isn’t a pitch for pitch’s sake, it’s your shot to go from prototype to real-world deployment.  

Tax Opportunity / Child & Family Support

Policy Update: Child Tax Credit Changes Coming in 2025

The federal Child Tax Credit will increase to $2,200 per child starting next year, and it's now indexed to inflation. But new eligibility rules could shift who qualifies. We’re watching closely and translating what this means for families, and for you. 

If you help families navigate tax season or advocate for fairer support systems, join our TON Network to get tools and updates as they unfold. 

Entrepreneurship

GBA Graduations

Meet the newest Growth Business Accelerator (GBA) grads! These CDFIs and ESOs from Philly, Atlanta, Dallas, and Chicago are rewriting the rules on what small business support looks like by tapping into emerging sectors and building ecosystems that last. 

(Graduates from the Atlanta and Chicago cohorts, hosted by the Latin American Association and North Branch Works)

GBA Graduate Spotlight:
Terrand Smith, Founder of 37 Oaks

“Joining the GBA was a strategic way for us to explore new frameworks and bring back insights that could directly benefit our entrepreneurs.” 

Terrand came in with a mission to help product-based businesses grow. She left with new tools for embedding sustainability and scale into every step.

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