New York
TruFund Financial Services Celebrates Success and Honors Partners at the 2024 TruImpact Awards
TruFund Financial Services, Inc. proudly hosted its highly anticipated 2024 TruImpact Awards on October 9, 2024 at the beautiful Empire Penthouse in Manhattan, a spectacular event dedicated to recognizing the outstanding contributions of its partners, funders, investors, and the small businesses tha...
TruFund Financial Services to Host Inaugural TruImpact Awards at Empire Penthouse in New York City
TruFund Financial Services, Inc. is excited to announce the inaugural TruImpact Awards taking place on Wednesday, October 9th, 2024, at the prestigious Empire Penthouse in New York City. This special evening will recognize outstanding partners, funders, investors, and small businesses that have made...
TruFund Financial Services Unveils 2023 TruImpact Report During TruImpact Week 2024 Celebrating a Year of Innovation, Impact, and Empowerment
New York, NY | October 2, 2024 – TruFund Financial Services, Inc., a CDFI leader in community development and innovative financial solutions, is proud to announce the release of its 2023 TruImpact Report during the much-anticipated TruImpact Week 2024. The annual event, a cornerstone of the organiza...
TruFund Financial Services to Host Inaugural TruImpact Awards at Empire Penthouse in New York City
New York, NY – October 2, 2024 – TruFund Financial Services, Inc. is excited to announce the inaugural TruImpact Awards taking place on Wednesday, October 9th, 2024, at the prestigious Empire Penthouse in New York City. This special evening will recognize outstanding partners, funders, investors, an...
Empowerment Reinvestment Fund, LLC. Secures $40 Million Allocation as Part of U.S. Department of Treasury’s New Markets Tax Credit Program
Subsidiary of TruFund Financial Services Receives Prestigious Allocation, Poised to Drive Economic Growth in Low-Income Communities Nationwide, Bringing Total Allocations to $430 Million Over 12 Years FOR IMMEDIATE RELEASE New York, NY – September 20, 2024 – The Empowerment Reinvestment Fund, LLC., ...
TRUFUND FINANCIAL SERVICES, INC. ANNOUNCES TERRENCE CLARK AS NEW BOARD CHAIR, SIGNALING A NEW ERA OF LEADERSHIP AND GROWTH
New York, NY — TruFund Financial Services, Inc. is pleased to announce the appointment of Terrence Clark as the new Chair of its Board of Directors. This significant leadership change marks an exciting new chapter for the organization as it continues to expand its impact in providing financial resou...
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...
