March 17, 2025

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In a time of economic transition, where housing programs, small business lending, and taxpayer services face uncertainty due to shifting federal priorities, the question isn’t what will change? It’s how do we ensure continuity and stability?

That’s where Prosperity Next comes in.

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As the federal government restructures funding and agency priorities, Prosperity Now is stepping up with strategic, community-driven solutions keep financial resources available, ensure capital flows to communities, and strengthen the institutions that power local economies.

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The Challenge: Shifting Federal Priorities and Economic Uncertainty

On March 14, 2025, an Executive Order directed reductions in federal agency functions, particularly in non-statutory financial services. While some core programs remain, funding for small business lending, housing finance, and tax support is expected to decrease.

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This shift doesn’t just affect government agencies, it disrupts:

• Small businesses owners seeking capital to expand operations.  
• Families looking for financial guidance to access tax benefits.  
• Community leaders that provide essential guidance and education for housing and entrepreneurship.  

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Rather than waiting for uncertainty to dictate outcomes, Prosperity Now, through Prosperity Next, is taking action to ensure the economy remains strong and stable.

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The Solution: Prosperity Next’s Three-Part Strategy

Prosperity Next is designed to fill the gaps, sustain critical financial services, and strengthen institutions that serve businesses and working families.  

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Expanding Small Business Lending – Working with banks, CDFIs, and fintech leaders to unlock new capital for entrepreneurs and small businesses.  

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Strengthening Housing and Community Investment – Collaborating with public-private partners to maintain access to affordable housing and homeownership support.  

Sustaining Financial Services for Families – Partnering with taxpayer assistance groups and financial organizations to ensure families can continue accessing essential financial resources.  

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A Call to Action: Let’s Build a Resilient Economy, Together

Federal decisions may shift, but economic stability, financial access, and business growth should not be disrupted by policy cycles.

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📢 Are you a financial institution, business leader, or mission-driven investor?  Let’s work together to keep capital flowing, sustain financial services, and strengthen communities.

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✉ Interested in partnering with Prosperity Now? Connect with us at DevelopmentTeam@prosperitynow.org to explore how we can work together.  

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