Press Release
TruFund Financial Services, Inc. Today Announced Monica Edwards Joins its Senior Leadership Team as Senior Vice President, Director of The Empowerment Reinvestment Fund – New Markets Tax Credit Platform
New York, New York, December 13, 2022 –TruFund Financial Services (TruFund), is proud to announce and welcome, Monica Edwards to our Leadership Team as the Senior Vice President, Director of the Empowerment Reinvestment Fund, New Markets Tax Credit platform. As a member of the senior leadership ...
TruFund Financial Services, Inc. Among Allocatees with a $35 Million In New Markets Tax Credit Award by United States Department Of Treasure Community Development Financial Institutions Fund
New York, NY – November 1, 2022 –TruFund Financial Services, Inc. announces today, it has been selected by the Community Development Financial Institutions Fund’s (CDFI Fund) to receive $35 million in New Markets Tax Credit (NMTC) to attract private capital investment into rural and underserved comm...
Community Preservation Corporation and TruFund Financial Services Close on Equity Investment with Infinite Horizons, LLC
New York, New York, November 1, 2022 – The Community Preservation Corporation (CPC), a nonprofit multifamily finance company, and TruFund Financial Services (TruFund), a nonprofit that provides affordable loan capital to small businesses and nonprofits, today announced that it has made an equity inv...
TruFund and Economic Development Administration Partner To Offer Low Cost Loans
New Orleans, LA – September 7, 2022 – TruFund Financial Services, Inc. (TruFund) a Community Development Financial Institution (CDFI), today announces partnership with the Economic Development Administration to offer low-cost loans to small business owners in targeted geography. TruFund is now accep...
Local CDFIs Launch Collaboration with Entrepreneurs of Color Fund in New Orleans, Louisiana
June 30, 2022, NEW ORLEANS, LA – Today, local community development financial institutions (CDFIs) NewCorp, Inc. and TruFund Financial Services, Inc. announce a new collaboration with the Entrepreneurs of Color Fund (EOCF) aimed at expanding access to capital and other resources to minority owned b...
TruFund Financial Services, Inc. Launches New Real Estate Acquisition Program (RAP) Aimed at Helping BIPOC Business Owners Overcome Barriers to Commercial Real Estate Ownership
New York, NY, March 17, 2022 —TruFund Financial Services (TruFund), a nonprofit that provides affordable loan capital to small businesses and nonprofits, announced the launch of their new real estate acquisition program (rap) aimed at helping Black, Indigenous and People of Color (BIPOC) overcome ba...
TruFund Joins CDFI Friendly Forth Worth Initiative
Fort Worth, TX – April 28, 2022 – TruFund Financial Services, Inc. (TruFund) a Community Development Financial Institution (CDFI), along with the City of Fort Worth, today announces partnership with new CDFI Friendly Fort Worth Initiative. Formally launched in January 2022, CDFI Friendly Fort Worth...
The Community Preservation Corporation and TruFund Financial Services, Inc. Launch $6 Million Joint Venture to Empower New York State BIPOC Housing Developers
CPC-TruFund BIPOC Developers Equity Fund will invest equity capital and technical assistance to help emerging BIPOC housing developers grow their businesses New York, NY, October 18, 2021 — The Community Preservation Corporation (CPC), a nonprofit multifamily finance company, and TruFund Financial ...
Lemor Development Group Receives Equity Investment from TruFund’s Impact Developers Fund to Accelerate Growth
New York, New York, October 14, 2021 – TruFund Financial Services, Inc. (“TruFund”), a Community Development Financial Institution located in New York City today announced that it has made an equity investment in Lemor Development Group, LLC, a Black-owned real estate development firm headquartered ...
Exact Capital Group Receives Equity Investment from TruFund’s Impact Developers Fund to Accelerate Growth
October 12, 2021 - New York, New York – TruFund Financial Services (“TruFund”), a Community Development Financial Institution located in New York City, today announced that it has made an equity investment in Exact Capital Group, LLC, a majority Black-owned real estate development firm headquartered...
