Raza Development Fund, Inc.

Quick Facts

Entity Synopsis

ADDRESS:
410 EAST SOUTHERN AVENUE, PHOENIX, AZ 85040
PHONE:

(602) 417-1426

EMAIL:
aruiz@razafund.org

Raza Development Fund was formed with the intention of creating financing solutions for Latino serving organizations in the areas of affordable housing, education, health care, social services, and small business. RDF was formed with the strong conviction that the stewardship of dollars loaned, and the technical support given to organizations, would have measurable impact on Latino families. We have supported the charter school sector through a range of lending products, including: Acquisition, Bridge, Pre-Development, Construction, Mini-Perm, Term, Working Capital, and NMTC Leverage Loans. We are proud of our pioneer status in charter school lending and will continue to play a role in providing families with choice to failing schools.

Entity Snapshot

2002
Total CSP Funds: $5,000,000.00
Total Directly Enhanced: $70,124,574
Total Financing Leveraged: $108,516,941
Number of Schools Served: 46
Number of New Schools Served: 36
2004
Total CSP Funds: $7,950,000.00
Total Directly Enhanced: $118,036,976
Total Financing Leveraged: $243,278,438
Number of Schools Served: 50
Number of New Schools Served: 42
2006
Total CSP Funds: $1,600,000.00
Total Directly Enhanced: $22,675,800
Total Financing Leveraged: $25,805,800
Number of Schools Served: 10
Number of New Schools Served: 10
2017
Total CSP Funds: $3,250,000.00
Total Directly Enhanced: $23,800,000
Total Financing Leveraged: $18,000,000
Number of Schools Served: 5
Number of New Schools Served: 5
2020
Total CSP Funds: $6,750,000
Total Directly Enhanced: $0
Total Financing Leveraged: $0
Number of Schools Served: 0
Number of New Schools Served: 0

Locations Served by CE Lenders

Schools Served

School Name Award Year Federal Fiscal Year School Served Amount of Financing Leveraged Grant Funds Committed
AAEC PARADISE VALLEY 2002

2004

$13,660,000.00 $109,650.00
ACADEMIA SEMILLAS DEL PUEBLO CHARTER SCHOOL 2002

2003

$2,600,000.00 $467,000.00
ACADEMIA SEMILLAS DEL PUEBLO CHARTER SCHOOL 2002

2003

$548,250.00 $140,000.00
ACADEMIA SEMILLAS DEL PUEBLO CHARTER SCHOOL 2004

2011

$1,440,000.00 $130,000.00
ACADEMY OF MATH AND SCIENCE 2002

2010

$325,000.00 $65,000.00
ACADEMY OF MATH AND SCIENCE 2004

2007

$1,300,000.00 $72,037.00
ACADEMY OF MATH AND SCIENCE 2004

2008

$721,980.00 $243,000.00
ACADEMY OF MATH AND SCIENCE 2004

2009

$1,386,000.00 $618,000.00
ACADEMY OF MATH AND SCIENCE 2004

2014

$500,000.00 $375,000.00
ACADEMY OF MATHEMATICS AND SCIENCE 2002

2012

$2,060,000.00 $153,000.00
ACADEMY OF THE CITY CHARTER SCHOOL 2004

2019

$750,000.00 $175,000.00
ACHIEVEMENT FIRST ENDEAVOR CHARTER SCHOOL 2004

2009

$306,000.00 $200,000.00
ALTA VISTA CHARTER SCHOOL 2004

2014

$7,000,000.00 $145,000.00
ALTA VISTA CHARTER SCHOOL 2004

2015

$57,080,289.00 $261,000.00
AMBER CHARTER SCHOOL 2004

2011

$2,680,000.00 $122,500.00
AMBER CHARTER SCHOOL 2006

2020

$7,550,000.00 $453,000.00
AMBER CHARTER SCHOOL 2002

2004

$2,900,000.00 $536,000.00
AMBER CHARTER SCHOOL 2002

2017

$4,350,000.00 $500,000.00
ANIMO SOUTH LOS ANGELES CHARTER 2002

2005

$4,270,000.00 $380,800.00
ANIMO SOUTH LOS ANGELES CHARTER 2004

2006

$2,450,000.00 $522,000.00
ARIZONA CHARTER ACADEMY 2002

2019

$1,904,000.00 $192,600.00
ARIZONA CHARTER ACADEMY 2004

2014

$2,610,000.00 $616,000.00
ARIZONA CHARTER ACADEMY 2006

2020

$150,000.00 $9,000.00
ASCEND CAREER ACADEMY 2006

2015

$3,210,000.00 $120,000.00
ASPIRE BENJAMIN HOLT COLLEGE PREPARATORY ACADEMY 2004

2007

$14,630,000.00 $24,570.00
ASPIRE CAPITOL HEIGHTS ACADEMY 2004

2007

$4,150,000.00 $13,605.00
ASPIRE SUMMIT CHARTER ACADEMY 2004

2007

$114,141.00 $24,600.00
AUSTIN ACHIEVE MIDDLE SCHOOL 2002

2014

$63,753.00 $180,000.00
AUSTIN ACHIEVE PUBLIC SCHOOLS 2002

2015

$114,904.00 $1,000,000.00
AUSTIN ACHIEVE PUBLIC SCHOOLS 2002

2016

$360,000.00 $108,000.00
BRILLA COLLEGE PREPARATORY CHARTER SCHOOL 2004

2013

$3,674,625.00 $1,000,000.00
BRILLA COLLEGE PREPARATORY CS 2004

2015

$1,800,000.00 $354,000.00
BRONX CHARTER SCHOOL FOR THE ARTS 2002

2004

$3,250,000.00 $430,000.00
CALIBER BETA ACADEMY 2004

2017

$708,000.00 $211,875.00
CALIBER SCHOOLS 2004

2016

$9,724,000.00 $35,100.00
CALLI OLLIN ACADEMY 2002

2005

$8,475,000.00 $91,200.00
CARLOS ROSARIO INTERNATIONAL HARVARD ST PUBLIC CHARTER SCHOOL 2002

2003

$585,000.00 $250,000.00
CASA ACADEMY 2002

2020

$5,937,000.00 $890,550.00
CATALYST: BREMERTON 2017

2020

$3,500,000.00 $420,000.00
CEI SOUTH VALLEY ACADEMY 2004

2007

$1,300,000.00 $272,500.00
CELERITY NASCENT CHARTER SCHOOL 2004

2006

$2,437,500.00 $175,000.00
CITY HIGH SCHOOL 2004

2007

$1,090,000.00 $50,000.00
COMMUNITY CHARTER SCHOOL OF CAMBRIDGE 2002

2005

$1,037,200.00 $375,000.00
COMMUNITY CHARTER SCHOOL OF CAMBRIDGE 2004

2007

$2,600,000.00 $375,000.00
CONNECTIONS PUBLIC CHARTER SCHOOL HILO 2002

2007

$3,055,374.00 $461,200.00
CORAL ACADEMY OF SCIENCE 2006

2008

$883,100.00 $875,000.00
DEMOCRACY PREP BLACKSTONE VALLEY 2002

2010

$2,306,000.00 $700,000.00
DENVER SCHOOL OF SCIENCE AND TECHNOLOGY 2004

2008

$8,280,000.00 $70,000.00
EL COLEGIO CHARTER SCHOOL 2002

2004

$4,129,259.00 $229,500.00
EL COLEGIO CHARTER SCHOOL 2004

2009

$7,000,000.00 $316,500.00
EL PASO LEADERSHIP ACADEMY 2004

2015

$2,295,000.00 $284,400.00
ENTRPRENEUR HIGH SCHOOL 2002

2014

$2,110,000.00 $300,000.00
ESPERANZA COMMUNITY COLLEGIAL ACADEMY 2002

2006

$1,422,000.00 $131,250.00
EXCEL PUBLIC CHARTER SCHOOL 2006

2015

$600,000.00 $365,400.00
H?ZH? ACADEMY 2004

2020

$6,555,000.00 $983,250.00
HAWAII ACADEMY OF ARTS AND SCIENCE PCS 2002

2006

$403,620.00 $114,300.00
HAWAII ACADEMY OF ARTS AND SCIENCE PCS 2002

2009

$730,800.00 $200,000.00
HAWAII ACADEMY OF ARTS AND SCIENCE PCS 2002

2016

$457,200.00 $51,600.00
IPS PUGET SOUND ELEMENTARY 2017

2018

$800,000.00 $780,000.00
KIDS COMMUNITY COLLEGE HIGH SCHOOL INC. 2002

2017

$860,000.00 $193,555.00
KIDS COMMUNITY COLLEGE SOUTHEAST MIDDLE SCHOOL 2002

2017

$6,500,000.00 $122,998.00
KIPP ACADEMY ELEMENTARY SCHOOL 2004

2014

$4,266,718.00 $786,250.00
KIPP ASPIRE ACADEMY 2004

2007

$2,733,282.00 $91,750.00
KIPP SANKOFA BUFFALO 2002

2005

$1,000,000.00 $75,000.00
KIPP SOUTH FULTON ACADEMY SCHOOL 2004

2006

$450,000.00 $9,000.00
L. HOLLINGWORTH SCHOOL FOR THE TALENTED AND GIFTED 2002

2014

$3,553,636.00 $850,000.00
LAURA JEFFREY ACADEMY 2004

2008

$63,700.00 $315,000.00
LEEP DUAL LANGUAGE ACADEMY 2004

2020

$1,440,000.00 $720,000.00
MARIPOSA ACADEMY OF LANGUAGE AND LEARNING RENO 2002

2003

$4,425,000.00 $200,000.00
MARK ARMIJO ACADEMY 2006

2020

$1,000,000.00 $60,000.00
MATH AND SCIENCE SUCCESS ACADEMY 2004

2012

$3,194,160.00 $272,700.00
MATH AND SCIENCE SUCCESS ACADEMY 2004

2014

$667,450.00 $626,400.00
MILLENIUM COMMUNITY SCHOOL 2006

2016

$2,727,000.00 $200,000.00
MONTESSORI FOR ALL 2002

2017

$3,132,000.00 $464,124.00
N.E.W. ACADEMY OF SCIENCE AND ARTS 2002

2003

$5,140,000.00 $250,000.00
NASP 2004

2016

$3,500,000.00 $237,000.00
NEW AMERICA SCHOOL ALBUQUERQUE 2004

2012

$14,000,000.00 $223,125.00
NEW CITY 2002

2008

$3,950,000.00 $750,000.00
NEW HEIGHTS ACADEMY CHARTER SCHOOL 2004

2008

$2,637,250.00 $1,563,020.00
NEW HEIGHTS ACADEMY CHARTER SCHOOL 2004

2009

$1,916,323.00 $150,000.00
NFL YET COLLEGE PREP ACADEMY 2004

2016

$60,933,560.00 $671,500.00
NFL YET COLLEGE PREP ACADEMY 2004

2014

$500,000.00 $750,000.00
NUEVA ESPERANZA ACADEMY CS PHILADELPHIA 2002

2004

$6,715,000.00 $340,000.00
ORANGE COUNTY EDUCATIONAL ARTS ACADEMY 2004

2015

$3,750,000.00 $600,000.00
OUR WORLD NEIGHBORHOOD CS ASTORIA 2004

2006

$340,000.00 $84,000.00
PHOENIX COLLEGIATE ACADEMY INC. 2004

2011

$1,200,000.00 $150,000.00
PUGET SOUND ELEMENTARY 2017

2020

$2,300,000.00 $276,000.00
RAINIER VALLEY LEADERSHIP ACADEMY 2002

2017

$2,802,650.00 $372,000.00
RAINIER VALLEY LEADERSHIP ACADEMY 2017

2017

$1,610,000.00 $372,000.00
ROBERTO CLEMENTE ELEMENTARY CHARTER SCHOOL 2002

2014

$6,200,000.00 $340,000.00
ROCKETSHIP MATEO SHEEDY ELEMENTARY 2004

2008

$6,200,000.00 $1,140,000.00
ROCKETSHIP SI SE PUEDE ACADEMY 2004

2009

$1,700,000.00 $1,700,000.00
SELF DEVELOPMENT ACADEMY PHOENIX 2004

2015

$6,124,201.00 $100,000.00
SOLARE COLLEGIATE CHARTER SCHOOL 2006

2019

$7,600,000.00 $209,880.00
SOUTH POINTE PUBLIC CHARTER ELEMENTARY SCHOOL 2002

2003

$3,240,000.00 $120,000.00
STAR CHARTER SCHOOL 2002

2005

$2,880,000.00 $72,500.00
STRIVE PREP FEDERAL 2002

2013

$1,400,000.00 $290,000.00
SUMMIT ATLAS 2002

2017

$290,000.00 $318,000.00
SUMMIT ATLAS 2017

2017

$2,155,000.00 $318,000.00
TEAM ACADEMY CHARTER SCHOOL 2002

2005

$5,300,000.00 $21,000.00
TOLTECALLI HIGH 2002

2005

$5,300,000.00 $280,000.00
VISTA COLLEGE PREP 2004

2020

$8,713,000.00 $261,450.00
VISTA COLLEGE PREP MARYVALE 2006

2017

$232,408.00 $28,500.00
VISTA COLLEGE PREPARATORY 2004

2016

$1,400,000.00 $204,000.00
WEST BROWARD ACADEMY 2006

2015

$475,000.00 $120,000.00
WEST DENVER PREPARATORY CHARTER SCHOOL 2002

2006

$3,400,000.00 $209,400.00
WEST DENVER PREPARATORY CHARTER SCHOOL 2002

2007

$4,150,000.00 $30,000.00
WEST DENVER PREPARATORY CHARTER SCHOOL 2004

2008

$2,094,000.00 $200,000.00
WOODBURN ARTHUR ACADEMY 2002

2004

$546,000.00 $118,800.00
WOODBURN ARTHUR ACADEMY 2004

2008

$1,409,740.00 $115,000.00
YOUTH BUILD TRADE AND TECHNOLOGY CHARTER SCHOOL 2002

2006

$225,600.00 $562,500.00

Lending Snapshot

Total Transaction Financing

Amounts Directly Enhanced and Financing Leveraged by Year

Number of Schools Served Each Year by Lender