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 community development and economic opportunity, as well as its innovative financing solutions to support underserved communities.
ERF is committed to connecting entrepreneurs and small businesses with access to capital to achieve their full potential and have been delivering impactful results by investing in local businesses in underserved areas. ERF has helped to create jobs, increased access to healthcare and education, and revitalized neighborhoods in investment-deprived areas.
In addition to winning the Metro QLICI of the Year Award, ERF was also recognized for its Honorable Mention in its work in neighborhood health with Oxford Clinic in Fort Wayne, Indiana.
ERF's award will be presented during the Novogradac 2024 Spring New Markets Tax Credit Conference on June 6-7 at The Fairmont in Washington, D.C.
Full press release from Novogradac can be found here: Novogradac Honors 20 CDEs for Impact Investments in Community Development at Upcoming NMTC Conference
For more information on Empowerment Reinvestment Fund, LLC, please contact Vera Booker at 315.344.1859 or NMTC@trufund.org.
