Author Archives: Kim Carter Evans

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  team, Edwards will report directly to the Chief Executive […]

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 communities.  The announcement by the United States Department of Treasury was […]

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 investment in Infinite Horizons, LLC, which      specializes in the development and management […]

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 accepting applications for its Back To Business Loan Sale for small business owners located […]

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 businesses in the crescent city. The EOCF is a program managed […]

TRUIMPACT STORY: “TruFund was critical to our business during the COVID-19 period.”

TruFund is proud to support Francilia Rahim Wilkins, founder and CEO of R.F. Wilkins Consultants, a business development and management consulting firm. Since Francilia founded the company 11 years ago at the young age of 23, R.F. Wilkins Consultants has grown to become one of the top 0.1% of African American woman owned firms in […]

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 barriers to owning real estate such as the traditional percentage required […]

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 aims to connect small business owners and others with affordable […]

TruImpact Story: “Through TruFund’s RAP product, I was able to make my dream of commercial real estate ownership a reality”

Brad Hitchens, owner of Salon 623 recently made his dream of owning commercial property in North Baton Rouge, Louisiana a reality.  Brad is a professional barber by trade and has been in this industry since he was 17. After years of experience, he decided to expand his entrepreneurial endeavors to create a space that will […]

TruImpact Story: “Even though I have experience in web design, it was helpful to get another strong marketing perspective, thank you TruFund.” Heather Falls is a female business strategist that aims to empower and teach mom business owners and entrepreneurs how to grow their dream business with confidence and clarity while spending more time with their family. Her passion is helping other moms bridge the gap so that they do not have to choose between a […]