Press Release

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

March 25, 2021 – New York, New York – 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 ...

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  March 10, 2021 — NEW YORK — TruFund Financial Services, Inc. announced today that it will host the TruImpact Virtual Summit on March 24 from 11 a.m.–1 p.m...

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...

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

January 28, 2021 – 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, LLC, a mi...

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 – TruFund Financial Services, Inc. is launching a robust six-month program called the Industrial Business Leadership Program...

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 —Today, TruFund Financial Services, Inc. released its Paycheck Protection Program Impact Report. This report provides a comprehensive summa...

TruFund Partners with Build Baton Rouge For AdvancingCities Challenge

$5 million award will drive inclusive growth and greater economic opportunity in the city November 19, 2020 — BATON ROUGE, LOUISIANA — TruFund Financial Services, Inc. is partnering with Build Baton Rouge on a $5 million charitable initiative to revitalize Nor...

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...