As the largest Latino Community Development Financial Institution (CDFI), with more than $400 million in total assets under management, RDF has provided capital to Latino-serving organizations nationwide. These organizations have received technical assistance and loans, which have helped leverage nearly $3 billion in private capital for education, affordable housing and healthcare projects. RDF recently, received an AA(-) credit rating from S&P Global Ratings.
AREAS OF INVESTMENT
Going into my internship with RDF’s Communications Department, I only knew what I had been told from my grandfather about RDF. Raza Development Fund has provided capital to Latino-serving organizations nationwide. They aim at breaking the cycle of poverty in low-income communities across the country. That being said, I knew very little about the meaning of CDFIs and their purpose, so I decided to ask some members of the Senior team at RDF to provide me with some insight. “Raza Development Fund is a Community Development Financial Institution (CDFI) with the mission of serving Latino and Poor families through financing …