The Importance of CDFIs and Nonprofit Community Based Organizations with Eric Salazar

Adam Torres and Eric Salazar discuss CDFIs. 

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Show Notes:

Community loan funds are often the source of much needed capital in underserved communities. In this episode,  Adam Torres and Eric Salazar, Director of UnidosUS Affiliated Investments at Raza Development Fund (RDF), explore financing solutions that are creating opportunities for the Latino community and low income families. 

About Eric Salazar 

Eric Salazar is a dedicated leader in the social service and nonprofit sector for over 20 years, He has spent much of his career helping nonprofits develop unique program models and strengthening their service delivery platforms through process innovation, providing access to diverse funding streams, and leveraging technology.

More recently as Director of UnidosUS’ housing counseling network, Eric Salaze was responsible for expanding and strengthening partner organizations, implementing a technical assistance model and successfully establishing a unique call center that uses the network as a counseling workforce, providing them access to fee-for-service funding streams and national partnerships opportunities.

Eric will also be graduating with a Masters in Nonprofit Leadership and Management from Arizona State University in Spring 2020. Much of his research at ASU has been on social entrepreneurship and the financial sustainability of nonprofits. As Director of Affiliate Investments at RDF, He is looking to establish a marketing and technical assistance model that will help educate, inspire and activate UnidosUS and other social impact organizations that could potentially benefit from CDFI investment, along a path of transformational growth and impact in their communities.

About Raza Development Fund

Raza Development Fund (RDF) is a non-profit corporation and a registered Community Development Financial Institution (CDFI) under the United States Department of the Treasury. Established in 1999 as a support corporation, RDF provides UnidosUS affiliates and other Latino-serving organizations access to capital.

As the largest Latino Community Development Financial Institution (CDFI), with more than $400 million in total assets under management, RDF has provided capital to Latino serving organizations nationwide. These organizations have received technical assistance and loans, which have helped leverage nearly $3 billion in private capital for education, affordable housing and healthcare projects serving low-income families and individuals.

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