b'KAUAI FEDERAL CREDIT UNIONIn 2023, Kauai Federal Credit Union and Hawaiian Community Assets embarked on the second phase of Filene Research Institutes Racial Economic Equity Incubator. As one of eight community partnershipsacross the U.S. selected for this inaugural program, Kauai Federal Credit Union and Hawaiian Community Assets are developing unique products to build economic resilience for underserved community members, utilizing place-based approaches to support housing,CLOSING THEsmall business/entrepreneurship and financial wellness and education.RACIAL EQUITY GAPProduct prototypes include a down payment assistance program, pathways for construction loans and sustainability incentives to support cesspool-to-septic conversions.New Product Prototypes IncreaseEquity For The Underserved36'