Prosperity Now

U.S. existing-home sales climbed 3.4 percent in October, reaching a seasonally adjusted annual rate of 3.96 million, according to the National Association of REALTORS? data released today. On the other hand, the US Census Bureau’s new residential construction statistics released this week reveals a decline in housing starts in October, signaling a warning sign that warrants closer attention. “The slowdown in new housing starts in October is alarming, but the increase in sales highlights a clear demand from consumers eager to enter the housing market,” said Marisa Calderon, President and CEO of Prosperity Now. “However, without a substantial uptick in new construction, housing shortages and affordability challenges will continue. We need regulatory relief now to ensure housing prices remain attainable for families struggling to secure a more prosperous financial future.” Read the full press release here: https://lnkd.in/etXzurYD

In collaboration with Change Machine and Credytu, Prosperity Now is hosting a webinar, “Unlocking Pathways to Wealth: Mergers & Acquisitions for Black Women Entrepreneurs,” focused on creating a tangible pathway to economic empowerment and wealth-building, especially for women entrepreneurs. Join us on Tuesday, December 3 at 2pm ET?to learn how M&A can help grow your business, build wealth, and create lasting impact. You don’t want to miss it! ?? Register Today: https://lnkd.in/eX6NQdqH?

"I have learned that resilience is not about avoiding challenges but persisting despite them." ? Arturo A. Noriega, Founder and CEO of Centro Community Partners, is breaking barriers to empower aspiring entrepreneurs. ? Centro earned 3rd place in the Rise Challenge at the Prosperity Summit in September, part of the Entrepreneurship Accelerator—a collaboration between Prosperity Now, Avanade, and Accenture.? ? Read Arturo's inspiring journey and advice for future changemakers: https://lnkd.in/eYbHZ7U6 ? #NationalEntrepreneurshipMonth #EconomicJustice #Entrepreneurship?

"Every challenge is an opportunity to grow stronger, so trust yourself and stay true to your vision." Bianca J. Jackson, MBA, PMP?, founder of BrickRose Exchange, shares her journey, the hurdles she's faced, and her vision for a future where technology and innovation empower all entrepreneurs. BrickRose Exchange earned 1st place in the Rise Challenge at the Prosperity Summit in September, part of the Entrepreneurship Accelerator—a collaboration between Prosperity Now, Avanade, and Accenture. Read Bianca's journey here: https://lnkd.in/egyT-rS4 ? #NationalEntrepreneurshipMonth #EconomicJustice #Entrepreneurship #WomensEntrepreneurshipDay?

#Entrepreneurs are the backbone of America’s economy, and among them, women—particularly Black and Latina women—are leading the charge, launching new businesses at unparalleled rates. “Investing in women-owned businesses isn’t just a financial decision – it's a commitment to strengthening the communities that form the fabric of our nation,” said Marisa Calderon, President and CEO of Prosperity Now.? Read the full press release here: https://lnkd.in/esx5mjeQ #NationalEntrepreneurshipDay

Wednesday night,?Women in Housing and Finance, Inc. (WHF)?honored Marisa Calderon, President and CEO of Prosperity Now, at its 45th Anniversary celebration. Marisa was?one of 25 outstanding leaders recognized for their impact and leadership on the housing and financial services industries. Since joining Prosperity Now, Marisa has demonstrated exceptional leadership and dedication, building on over 20 years of experience at both the local and national levels in housing and housing finance matters. Her commitment to excellence and innovation has been instrumental in the success of Prosperity Now and the broader housing industry. We are so proud of her and this recognition. The full press release can be found here: https://lnkd.in/e4H8J4-i

Yesterday’s Consumer Price Index (CPI) data revealed a 0.2% increase in October, bringing the 12-month inflation rate up to 2.6% from 2.4% last month. This small increase aligns with trends seen over the previous two months. However, the shelter index rose by 0.4%, underscoring that housing costs remain a central challenge in efforts to control price increases. Read the full press release here: https://lnkd.in/eWtevTp8

?? Partner Spotlight: Pacific Community Ventures (PCV)???? ? As we continue to celebrate #NationalEnrepreneurshipMonth, we wanted to give a shoutout to one of our partners, Pacific Community Ventures (PCV) ? PCV is a force for economic, racial, and gender justice, working side-by-side?with growing small businesses and solopreneurs. Through their unique, integrated model, PCV combines impact-first Restorative Capital to California small business owners and Pro Bono Business Advising nationwide with its Good Jobs Innovation Lab that propels thriving communities with equitable jobs and climate justice. ? We're proud to be your partner as we strive to build a fairer, more inclusive economy that works for all!

??We're thrilled to share that our very own fierce leader, Marisa Calderon, will be honored by WHF as part of its 45th Anniversary celebration this evening! Marisa is being recognized for her exceptional leadership in advancing housing, financial services, and economic opportunity for underserved communities across the country. Join us in celebrating Marisa and the incredible impact of all honorees!