New York
TRUIMPACT ANNOUNCEMENT – TruFund Financial Services Congratulates Monica Edwards for Being Named in the 2023 Responsible 100
NEW YORK, NY | January 2, 2024 – TruFund Financial Services is proud to announce that Monica Edwards, Senior Vice President & Director of New Markets Tax Credit at TruFund, has been recognized as one of the "2023 Responsible 100" by City & State New York. The Responsible 100 program, an init...
TRUIMPACT ANNOUNCEMENT – TruFund Announces Closing of its Neighborhood Health Center NMTC Transaction
NEW YORK, NY | January 8, 2024 – Empowerment Reinvestment Fund (ERF), a subsidiary of TruFund Financial Services, is proud to announce the closing of its Neighborhood Health Center NMTC transaction! ERF partnered with three CDEs to provide a total of $19.5 million in NTMC allocation to fund the reha...
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 specializes in fin...
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...
