Press Release

Laurel Street Receives Equity Investment from TruFund’s Impact Developers Fund to Accelerate Growth

January 28, 2021 – New York, New York – TruFund Financial Services (“TruFund”), a Community Development Financial Institution located in New York City announced that it has made an equity investment in Charlotte, North Carolina-based Laurel Street Residential,...

TruFund Launches Industrial Business Leadership Program in Hunts Point

Program will support the strength and resiliency of industrial small businesses in the Hunts Point Peninsula January 8, 2021 – New York, New York – TruFund Financial Services, Inc. is launching a robust six-month program called the Industrial Business Leadersh...

TruFund Releases 2020 Paycheck Protection Program Impact Report

 PPP lending provided overwhelming assistance to minority- and women-owned small businesses December 15, 2020—New York, New York—Today, TruFund Financial Services, Inc. released its Paycheck Protection Program Impact Report. This report provides a comprehensiv...

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 ...

TruFund Financial Services, Inc. among recipients of $35 million New Markets Tax Credit Award from U.S. 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 to...

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 prov...

TruFund is a proud participating lender of the New York Forward Loan Fund. Learn more and apply…

Prevent first-child paragraph style. TruFund is a proud participating lender of the $100 million New York Forward Loan Fund which is aimed at providing working capital loans to small businesses, small landlords and non-profit organizations that did not receive...

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 disad...

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 Ta...

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 suppor...