TruImpact Stories
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., ...
TRUIMPACT | Nanzaram LLC
Nade Coulibaly-Doucoure is a dynamic business owner whose journey of growth and resilience has been significantly bolstered by her strategic partnership with TruFund. With a passion for creating job opportunities and improving her community, Coulibaly-Doucoure has successfully established two thrivi...
TruFund Remembers Charles Foster
January 4, 1953 - May 9, 2024 In Memory of Mr. Charles Foster It is with profound sadness that we announce the passing of Mr. Charles Foster, our esteemed Chief Financial Officer at TruFund Financial Services. Charles was a pillar of strength and wisdom within our TruFund family. His unwavering dedi...
TRUIMPACT ANNOUCEMENT | ERF Wins Novogradac 2024 Metro QLICI of the Year Award
New York, NY - June 4, 2024 - Empowerment Reinvestment Fund, LLC (ERF), a subsidiary of TruFund Financial Services, has been awarded the Novogradac 2024 Metro QLICI of the Year Award for its work with Custom Foods of America in Knoxville, Tennessee. ERF has been recognized for its contribution to co...
TRUIMPACT STORY | Diki Daycare
Diki Daycare Success Story Established in 2005, Diki Daycare Center has since become a cornerstone of early child childcare, serving families in both New York City and the Boston area. Fueled by personal experience, founder and owner Tsering Diki shares how TruFund Financial Services was a vital par...
TRUIMPACT STORY | Tre’s Street Kitchen
In the face of adversity, some entrepreneurs not only survive but thrive, showcasing remarkable resilience and innovation. Kristen Smith, co-founder of Tre’s Street Kitchen, embodies this spirit as she shares the inspiring journey of her business's evolution and the pivotal role played by TruFund Fi...
TRUIMPACT STORY | Mayan Financial LLC
Mayan Financial LLC has been delivering exceptional tax and accounting services to the Houston, Texas community for over three years. Specializing in assisting native Spanish speakers, Mayan Financial provides a unique blend of comfort and expertise to its clients. According to Chief Executive Offi...
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...
TRUIMPACT ANNOUNCEMENT – TruFund Announces Closing of the Grand Concourse NMTC Investment in New York
NEW YORK, NY- December 21, 2023 – Empowerment Reinvestment Fund (ERF), a subsidiary of TruFund Financial Services, Inc. (TruFund, is proud to announce the closing of the Grand Concourse New Markets Tax Credit (NMTC) transaction! ERF’s NMTC allocation of $5 million, joins the allocation from three ad...