TruFund Helps Advance Sustainable, Affordable Senior Housing in Brooklyn with Nearly $2M Investment

TruFund Financial Services, Inc., has successfully closed on nearly $2 million in financing to support the predevelopment of a groundbreaking affordable housing project in East Williamsburg, Brooklyn. The project—spearheaded by nonprofit developer St. Nicks Alliance - will result in a 14-story, 185-unit affordable multifamily building exclusively for seniors earning below 60% of the Area Median Income.