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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 in New York, NY that specializes in the development and […]
TruFund Partners with Build Baton Rouge For AdvancingCities Challenge
$5 million award will drive inclusive growth and greater economic opportunity in the city Baton Rouge, Louisiana—TruFund Financial Services, Inc. is partnering with Build Baton Rouge on a $5 million charitable initiative to revitalize North Baton Rouge. Build Baton Rouge, the redevelopment authority for Baton Rouge’s consolidated city-parish government, plans to use its award, received […]
TRUFUND FINANCIAL SERVICES, INC. AMONG ALLOCATEES WITH A $35 MILLION IN NEW MARKETS TAX CREDIT AWARD BY UNITED STATES DEPARTMENT OF TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND
FOR IMMEDIATE RELEASEJuly 16, 2020 Media Contacts:Kim Carter Evans646.385.6946Kevans@trufund.org $3.5 Billion in New Markets Tax Credits Awarded to Spur Economic Growth Nationwide New York, NY – July 16, 2020 –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 Market Tax […]
Morgan Stanley, TruFund Financial Services and Ford Foundation Announce Launch of $26 Million Impact Developers Fund
Fund will provide capital to minority and women owned real estate development companies NEW YORK – Morgan Stanley, TruFund Financial Services and the Ford Foundation today announced the launch of the Impact Developers Fund. The $26 million fund will provide much needed capital to emerging impact businesses that lack access to adequate affordable capital, including […]
TRUFUND LAUNCHES $5 MILLION COVID-19 RELIEF FUND TO SUPPORT DISADVANTAGED MINORITY AND WOMEN OWNED BUSINESSES
New York, NY – April 7, 2020 Today, TruFund Financial Services, Inc. launches a $5 million small business emergency relief fund to help curb job loss and permanent business closure as a result of COVID-19. The fund aims to help at least 3,000 disadvantaged firms with loans, grants, resiliency training and one to one business […]
TRUFUND FINANCIAL OFFERS SUPPORT TO SMALL BUSINESSES AFFECTED BY COVID-19 PANDEMIC
FOR IMMEDIATE RELEASE March 19, 2020 Media Contacts: Kim Carter Evans 646.385.6946 Kevans@trufund.org New York, NY –TruFund Financial Services, Inc., a Community Development Financial Institution announces the launch of its’ Small Business COVID-19 Response Task Force “SBCOVID-19 Task Force;” virtual information sessions and virtual small business resiliency training to help support small businesses through the […]
TRUFUND OFFERS GROWTH AND RESILIENCY PROGRAM WITH SUPPORT FROM U.S. ECONOMIC DEVELOPMENT ADMINISTRATION
New York, NY – The U.S. Commerce Department’s Economic Development Administration (“EDA”) has announced a $800,000 grant to TruFund Financial Services, Inc., to help support its Hunt’s Point Growth and Resiliency Program in New York. “I am proud to have supported TruFund Financial Services in their quest to deliver a program designed to support the […]
TRUFUND ANNOUNCES THE LAUNCH OF THE WISDOM FUND, CLOSING THE LENDING GAP FOR WOMEN
New York, NY – March 20, 2019 – Women are the fastest-growing group of entrepreneurs in the U.S. yet less than 5 percent of small business lending – only $1 in $23 – goes to women. TruFund Financial Services, Inc. (TruFund) a Community Development Financial Institution (CDFI), today announces partnership with CNote aiming to close […]
TRUFUND FINANCIAL SERVICES, INC. AMONG AWARDEES WITH A $1.125 MILLION AWARD THROUGH THE UNITED STATES DEPARTMENT OF TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND
U.S. TREASURY AWARDS $202.2 MILLION TO SUPPORT ECONOMIC GROWTH IN LOW-INCOME COMMUNITIES New York, NY – September 19, 2018 –TruFund Financial Services, Inc. has been awarded $1.125 million through the United States Department of Treasury Community Development Financial Institutions – FA program to spur economic and community development in distressed and low-income communities. The award will […]
TruFund Financial Services, Inc. Launches Women In Business: An EmpowHERment Program In Partnership With Regions Bank In Louisiana
November 9, 2017 – New Orleans, LA – TruFund Financial Services, Inc. recently celebrated National Women’s Small Business Month by recognizing the hard work of local small businesses, especially those women-led businesses by launching TruFund’s Women In Business: An EmpowHERment Program in partnership with Regions Bank. Through this program, female entrepreneurs have had the opportunity […]
