Michael Chavira, Author at Raza Development Fund

CDFIs and The Element of Trust within Communities

Raza Development Fund is the largest Latino Community Development Financial Institution (CDFI) in the country. RDF has had the privilege of serving majority-Latino and majority-Minority communities throughout the country for years. With nearly $400 million in total assets, RDF has continually been able to address the needs of under-served communities throughout the country. However, RDF is a unique CDFI in that the model under which RDF operates allows for continual community growth and economic advancement. Even as RDF grows and expands into different markets, it never truly lost sight of the “community” aspect of a CDFI, and I have had …

Phone 602-417-1400

Raza Development Fund (RDF) is the largest national, Latino-focused nonprofit Community Development Financial Institution (CDFI). Driven by a mission to close wealth and opportunity gaps in Latino and other under-resourced communities across the United States, RDF provides responsible and attainable financial solutions to community-based organizations focused on health, education, affordable housing, climate resilience, homeownership, and entrepreneurship. RDF was founded in 1999 as a support organization to UnidosUS, the nation’s largest Hispanic civil rights and advocacy nonprofit, formerly known as the National Council of La Raza. As a testament to its exceptional financial strength and impact, RDF stands out as one of the few CDFIs with a prestigious AA- S&P rating. Since its inception, RDF has invested more than $1.3 billion across 38 states, leveraging over $6 billion in additional capital.

In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).