New York
TruFund Financial Services, Inc. Partners with Mayor Adams and SBS to Announce the Opening of Applications for a Historic $75M “Opportunity Fund” to Help Small Businesses Lead Pandemic Recovery
NEW YORK, January 23, 2023 – TruFund Financial Services, Inc. (TruFund), New York City Mayor Eric Adams and New York City Department of Small Business Services (SBS) Commissioner Kevin D. Kim today announced the groundbreaking creation of the $75 million NYC Small Business Opportunity Fund, the larg...
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 comm...
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 inv...
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 finance company, and TruFund Financial ...
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 Detroit, MI. Woodborn Partners specializes...
TruFund Financial Services, Inc. Announces Its Participation In The Social Justice Fund EXCELerate, New Loan Program to Help Brooklyn’s BIPOC Small Business Owners Get on their Feet Post-Pandemic; Gregg Bishop Appointed as Executive Director
Brooklyn, NY – TruFund Financial Services, Inc. has been selected as one of two community development financial institutions, along with Brooklyn Alliance Capital and Brooklyn Chamber of Commerce to unveil a series of loans to help Brooklyn’s BIPOC business owners get back on their feet post-pande...
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 real estate development firm that specia...
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. During the virtual summit, TruFund will c...
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 YORK — TruFund Financial Services, Inc. h...
Laurel Street Receives Equity Investment from TruFund’s Impact Developers Fund to Accelerate Growth
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 minority- and women-owned real estate development company. Led by Presid...
