The RDF Difference: A Lender with a Heart and Soul*
Service for the love of family is the foundation of RDF. With a focus on lending capital, with business discipline and charity serving poor communities, we help tailor project loans with community leaders and organizations that serve Latino and poor communities.
Our focused community development model keeps us close to the real issues that low-income families face and enables us to anticipate future needs.
This is accomplished through pre-development loans, organizational assessments and a range of unconventional lending products.
* James Feild – Board Chair
Over more than 15 years, RDF has established strong and lasting partnerships with banking and insurance companies preserving their capital and ensuring them community development. Our funding partners have demonstrated commitment to the Latino community with the acknowledgement that RDF’s mission takes us beyond a lending relationship into shaping the future of our country, one community at a time. The Fund was established with an original $20 million investment from Bank of America, followed by contributions from State Farm Insurance and Fannie Mae Foundation. RDF has continued to grow its relationships and has entered into loan agreements with JP Morgan Chase Bank and Wells Fargo, among others. In 2013, RDF became a proud member of the Federal Home Loan Bank of San Francisco. In the coming years, RDF will continue to grow its investor base to continue serving the low- income Latino community.
- Bank of America
- State Farm Insurance Companies
- Citi Foundation
Investing and Lending Partners:
- Ally Bank
- Charles Schwab
- Federal Home Loan Bank of San Francisco
- JP Morgan Chase
- Wells Fargo
- Alliance Bank