For five decades, the Mexican American Unity Council (MAUC) has been a cornerstone of San Antonio’s Latino community. Established as one of the seven original UnidosUS affiliates and the first to serve the San Antonio area, MAUC has an inspired track record of delivering critical social services, from education and healthcare to affordable housing. But even the most established organizations face hurdles. In 2023, MAUC, which owns two affordable housing communities, confronted a critical situation. The tax credit period for its Stonehouse Apartments, a vital 248-unit property, was nearing an end. Without securing new financing, MAUC risked losing the property, potentially displacing hundreds of families.

President and CEO Fernando Godinez went into action searching for financial partners to help him secure patient, subordinate capital. What he found was that many traditional financial institutions were unwilling to extend such an investment.

Enter RDF, a partner who understood MAUC’s mission and believed in its impact. Together, we crafted an innovative investment solution.