UVALDE SECURES FINAL FUNDING FOR NEW ELEMENTARY SCHOOL, A SYMBOL OF HEALING AND HOPE
Prestamos CDFI, Raza Development Fund, and JPMorgan Chase Partner to Invest $24.5 Million in Rebuilding Efforts, Creating Jobs and Expanding Educational Opportunities for Uvalde’s Children UVALDE, Texas — December, 16, 2024 — Two and a half years after the tragic school shooting in Uvalde, TX, which claimed 22 lives and devastated the nation, the local community has secured the final funding needed to build a new, state-of-the-art elementary school for the region’s children. The new school, to be named Legacy Elementary School, will serve as a lasting symbol of resilience and hope. This funding was made possible through a combined …
Chicanos Por La Causa and Raza Development Fund Partner to Make Homeownership Attainable
Phoenix— Two Arizona-based national Latino-focused organizations partner to increase homeownership access by supporting eligible first-homebuyers with down payment and closing cost assistance. Chicanos Por La Causa (CPLC) and Raza Development Fund (RDF) unite to match forgivable funds up to $30,000, subject to program requirements, in collaboration with the Federal Home Loan Bank of San Francisco’s Workforce Initiative Subsidy for Homeownership (WISH) program. “The dream of owning a home can become reality when valuable resources like the WISH Program are available to the community,” said Patricia Duarte, CPLC Executive Vice President of Homeownership Initiatives. “CPLC and RDF’s partnership invests in creating …
Raza Development Fund Names Antonio (Tony) Lopez Chief Financial Officer
PHOENIX, AZ.— Raza Development Fund (RDF) is proud to name Antonio (Tony) Lopez as Chief Financial Officer, effective July 1. A part of the RDF team for over 10 years, Lopez will step up from his current position as Deputy CFO. Lopez will succeed Rodrigo Vela who has served as CFO since 2012. “Tony brings extensive corporate and nonprofit financial experience. We are excited to have him in this role as we look to deepen our work and expand the impact of our organization,” said Annie Donovan, RDF’s President & CEO. Tony Lopez joined RDF in 2012. He has previously …
Raza Development Fund and Woodforest National Bank Team Up to Create New Joint Financing Program to Help Charter Schools Provide Quality Education Across the U.S.
THE WOODLANDS, Texas, Feb. 15, 2023 /PRNewswire/ — Raza Development Fund (RDF), the largest national Latino-focused Community Development Financial Institution, recently collaborated with Woodforest National Bank® (Woodforest) to develop an exclusive lending program focused on bridge financing of new or expanded facilities for existing charter school operators within Woodforest’s 17 state footprint. “This collaboration presents a tremendous opportunity for RDF to support more charter schools dedicated to providing a high-quality education. As a mission-based lender, RDF is committed to seeking ways in which more dollars can be reinvested into the classroom and support programming, while ensuring families have access to dignified facilities,” said Adrian …
Rooted School Vancouver Opens Enrollment for SW Washington’s First Charter Public High School; Announces Executive Director and $1.35M in Funding for Fall 2023 Opening
New school bridges inequality gaps for Vancouver’s underserved students with local workforce demands January 18, 2023–Vancouver, Wash.– Rooted School Vancouver today announced that it has opened enrollment for its Fall 2023 class of 9th graders at SW Washington’s first ever public charter high school. Widely recognized as one of the most innovative high school models in the U.S., Rooted School’s vision is to rapidly close America’s wealth and inequality gap by connecting underserved and talented high school graduates with a college acceptance in one hand, and a job opportunity in the other. The school’s curriculum gives students a proactive role …
Raza Development Fund Launches J. Tommy Espinoza Fellowship, a Component of Wells Fargo Foundation Growing Diverse Housing Developers Program
PHOENIX, AZ. – Raza Development Fund (RDF) is proud to launch the J. Tommy Espinoza Fellowship, a signature component of Wells Fargo Foundation’s Growing Diverse Housing Developers program. The fellowship, named in honor of RDF’s founding President & CEO, will support the growth and development of housing developers of color while ultimately strengthening the affordable housing development ecosystem. “We not only wanted to honor Tommy’s life-long commitment and impact to community development and affordable housing in poor and Latino communities, as importantly we wanted to honor Tommy’s legacy as a selfless mentor, visionary trailblazer, and fearless torchbearer of hope,” said …
Raza Development Fund (RDF) Names Annie Donovan as its new President and CEO
FOR IMMEDIATE RELEASE Contact: Ruby Marinez • rmarinez@razafund.org | Octavio Espinal • oespinal@unidosus.org Raza Development Fund (RDF) Names Annie Donovan as its new President and CEO MAY 31, 2022 PHOENIX, AZ. – Raza Development Fund’s Chairman of the Board, Danny Ortega, Jr., and Janet Murguía, President and CEO of UnidosUS, announced today that Annie Donovan will become the new President and Chief Executive Officer of RDF. RDF is the largest national Latino serving Community Development Financial Institution (CDFI) in the country and a support corporation to UnidosUS. Danny said, “Ms. Donovan is exceptionally qualified to lead RDF to greater levels …
