TruFund Stories and Data

TruFund Stories

Bridging the Gap: A Public Servant’s Path to Homeownership
For years, Kathleen dreamed of owning a home where she could build stability and one day welcome a foster child.
A Grand Opening Like No Other
A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!
St. John Manor
Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.
Fairchild Medical Center
Fairchild Medical Center (FMC) is expanding its campus to address the critical healthcare shortages affecting low-income, rural residents of Siskiyou County, California. With 30% of residents unable to access care due to a lack of available doctors and 54% unable to secure medical appointments in the past year, the need for increased medical services is urgent.

TruFund Fact Sheet

CDFIs are filling the deep credit gap encountered in many communities providing financing to small businesses, affordable housing, and community facilities, creating jobs and business opportunities and promoting revitalization.

-Mark Wilson, Coalition for Responsible Community Development, Los Angeles, CA

CDFIs fill a critical void in funding the development of affordable housing. They provide below market interest rates, have flexible terms, and can respond to critical funding needs with more flexibility than a traditional bank/credit union.

-Linda Braunschweiger, Housing Trust Fund Ventura County, Ventura County, CA

CDFIs provide critical support that empowers communities to thrive. These financial institutions provide capital that leverages expertise and best practices from the financial services and business sectors to put capital to work in communities across the nation.

-Kavita Raman, KRG Consulting, San Francisco, Ca

Map of TruFund CDFI Branches and Stories