Recipients › Arizona › Raza Development Fund Inc
Recipient organisation · UEI CHVYB8FNNGB1
Raza Development Fund Inc
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.
Federal agencies obligated $27M to Raza Development Fund Inc, Phoenix, AZ, in the listed fiscal years 2023, 2024.
Raza Development Fund Inc ranks 297 of 559 listed organisations located in AZ by five-year obligations, and 15,096 of 30,989 nationally.
Its $1.0M-plus awards since FY2023 came from Department of the Treasury and Department of Education: 4 awards worth $27M in total award value.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2023 | $6,197,097 | under $1.0M | $6,197,097 | — |
| FY2024 | $20,350,000 | under $1.0M | $20,350,000 | +228% |
| FY2025 | under $1.0M | — | — | — |
| FY2026 | under $1.0M | — | — | — |
| FY2027 to date | under $1.0M | — | — | — |
A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.
Compared with its state and the largest recipients five listed years
| Measure | This organisation | Largest in AZ | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $27M | $70B | $416B |
| FY2026 obligations | under $1.0M | $19B | $118B |
| Contracts, five years | under $1.0M | under $1.0M | $94B |
| Assistance, five years | $27M | $70B | $416B |
| Rank by five-year obligations | 15,096 of 30,989 | 1 of 559 in AZ | 1 |
Largest in state: Arizona Health Care Cost Containment System. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.
Awarding agencies $1.0M+ awards since FY2023
| # | Agency | Awards | Award value | Share |
|---|---|---|---|---|
| 1 | Department of the Treasury | 3 | $17M | 62% |
| 2 | Department of Education | 1 | $10M | 38% |
Assistance programs listings
Places of performance $1.0M+ awards
Counties: Maricopa County, AZ $10M
Largest awards begun since FY2023
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of Education | GrantProject Grant (B) | 84.354 Credit Enhancement for Charter School Facilities | $10M | 25 Sep 2024 | AZ | USAspending |
| Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | 21.011 Capital Magnet Fund | $9.0M | 4 Oct 2023 | — | USAspending |
| Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | 21.033 Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) | $6.2M | 10 Apr 2023 | — | USAspending |
| Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | 21.020 Community Development Financial Institutions Program | $1.4M | 26 Sep 2024 | — | USAspending |
Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.
- $10M, Department of Education, 25 Sep 2024: AN ADDITIONAL CATALYST FOR RDF'S DIRECT LENDING PRODUCTS, SPECIFICALLY TAILORED FOR SUBORDINATED FINANCING PURPOSES, EMPOWERING ELIGIBLE CHARTER SCHOOLS TO ACCE
- $9.0M, Department of the Treasury, 4 Oct 2023: PURPOSE: TO ATTRACT FINANCING FOR AND INCREASE INVESTMENT IN AFFORDABLE HOUSING FOR PRIMARILY LOW INCOME, VERY LOW INCOME, AND EXTREMELY LOW INCOME PEOPLE AND F
- $6.2M, Department of the Treasury, 10 Apr 2023: PURPOSE: TO PROVIDE GRANTS TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) FOR THE FOLLOWING PURPOSES 1) TO EXPAND LENDING, GRANT MAKING AND INVESTMENT
- $1.4M, Department of the Treasury, 26 Sep 2024: PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUT
Questions and answers
How much federal money does Raza Development Fund Inc receive?
$27M in award obligations over the fiscal years it is listed for (FY2023: $6.2M; FY2024: $20M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Raza Development Fund Inc?
By the value of $1.0M-plus awards begun since FY2023: Department of the Treasury ($17M) and Department of Education ($10M).
What is the money for?
Assistance falls under Credit Enhancement for Charter School Facilities (84.354), Capital Magnet Fund (21.011) and Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) (21.033).
Where is the work performed?
Primary places of performance for its larger awards: AZ ($10M).
Is Raza Development Fund Inc a large federal recipient?
It ranks 15,096 of 30,989 organisations on this site by five-year obligations and 297 of 559 located in AZ. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.
Where does this data come from?
USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.
Provenance
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.