Press Release
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...
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...
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 (IBLP) to support the strength, resilie...
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 summary of TruFund’s penetration and outreac...
TruFund Partners with Build Baton Rouge For AdvancingCities Challenge
$5 million award will drive inclusive growth and greater economic opportunity in the city Baton Rouge, Louisiana—TruFund Financial Services, Inc. is partnering with Build Baton Rouge on a $5 million charitable initiative to revitalize North Baton Rouge. Build Baton Rouge, the redevelopment authority...
TRUFUND FINANCIAL SERVICES, INC. AMONG ALLOCATEES WITH A $35 MILLION IN NEW MARKETS TAX CREDIT AWARD BY UNITED STATES 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 today, it has been selected by the Community De...
