How a Fresno Program Is Designing a Holistic Approach to Meeting Residents’ Diverse Wealth-Building Needs

Decades of segregation, structural racism, and disinvestment have made it difficult for Black and Latine families with low incomes to successfully build wealth in Fresno, California. Even though agencies and nonprofits have programs to assist those who are struggling, these stabilization efforts do not create wealth. This blogpost illustrates how a steering committee of leaders in Fresno designed a comprehensive model—the Prosperity Coaching Network and Pilot—to deliver a more integrated suite of local agency and nonprofit resources across the stages of wealth creation. The blogpost also notes how as part of the broader Fresno DRIVE (Developing the Region’s Inclusive and Vibrant Economy) Initiative, the Prosperity Coaching Network and Pilot can serve as a promising model to address long-standing challenges to economic mobility in Fresno and other communities nationally.