Tommy Espinoza makes the most of things, whether it’s investing capital or seizing moments. The Valley is better for it.
The Arizona native packed a lot into the five minutes he had Friday to wrap up the big announcement that Raza Development Fund and LISC Phoenix boosted their equal partnership in the Sustainable Communities Transit-Oriented Development Fund by $30 million. In 2011, the partnership put an initial $20 million into the transit-oriented development fund.
U.S. Transportation Secretary Anthony Foxx, Phoenix Mayor Greg Stanton and other dignitaries were on hand to hear Espinoza, president and CEO of Raza Development Fund, speak from the heart about Phoenix, the Latino community and low-income families. He was on point when he said, “Community development is about building up families, not building up buildings.” His riff on social, business and political leadership included a play on the highly charged words “anchor babies.” (Yep, he went there.)
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