Jose Martinez, Executive Vice President of Economic Development and President of Prestamos CDFI, LLC — New Markets Tax Credit Coalition

Summary

A profile of Jose Martinez, who is described as serving as Executive Vice President of Economic Development and as President of Prestamos CDFI, LLC, a subsidiary lending division of Chicanos Por La Causa (CPLC). The profile states that under Martinez's leadership Prestamos has more than tripled its annual lending, deploying over $89 million (2011-2018) to small businesses and economic development projects in Arizona, Nevada, New Mexico and Texas. It states that Martinez has raised over $165 million for CPLC programs and joint ventures, and holds a bachelor's degree in Communication and a Master's in Business Administration from Arizona State University.

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Jose Martinez

With over 20 years of experience in non-profit management, and fund development, Jose Martinez serves as both Executive Vice President of Economic Development, and President of Prestamos CDFI, LLC. Mr. Martinez is responsible for the strategic direction and oversight of Prestamos – a subsidiary lending division of Chicanos Por La Causa, and also leads CPLC’s strategy to improve economic conditions in low-income communities by providing investments and services that lead to job creation and economic prosperity. Mr. Martinez also provides strategic direction for CPLC’s Opportunity Zone initiative.

Under his leadership, Prestamos has more than tripled its annual lending, deploying over $89 million (2011-2018), and has led the institution in providing access to capital and technical support to small businesses and economic development projects in Arizona, Nevada, New Mexico and Texas. In 2018, Mr. Martinez had recorded and managed a portfolio of over $52 million in assets.

Mr. Martinez has dedicated over 20 years to CPLC in various capacities, including his service as Vice President of Strategic Initiatives. Throughout his career, he has raised over $165 million for CPLC programs and joint ventures.

Mr. Martinez holds both a bachelor’s degree in Communication and a Master’s in Business Administration from Arizona State University.

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