Press Release

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...

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 i...

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...

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 rea...

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-ow...

Woodborn Partners Receives Equity Investment from TruFund’s Impact Developers Fund for Project Development

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 Woodborn Partners, LLC, a Black-owned real estate development firm headquartered in De...

Genesis Companies Receives Equity Investment from TruFund’s Impact Developers Fund to Expand Capacity

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 Genesis Companies, LLC (Genesis), an African American-owned full-service ...

TruFund Hosting TruImpact Virtual Summit to Celebrate 15th Anniversary

Summit will celebrate the company’s 15 years of community and small business impact across its footprint  TruFund Financial Services, Inc. announced today that it will host the TruImpact Virtual Summit on March 24 from 11 a.m.–1 p.m. EST/10 a.m.–12 Noon CST. D...

TruFund Receives $1M Grow with Google Small Business Fund Loan, $150K Google.org Grant to Help Small Businesses Recover From COVID-19

Opportunity Finance Network (OFN) has awarded TruFund Financial Services, Inc. a $1M Grow with Google Small Business Fund loan and an unrestricted $150K Google.org-funded grant to help the CDFI support minority- and women-owned businesses March 8, 2021 — NEW Y...