Lemor development group receives equity investment from trufund's impact developers fund to accelerate growth

New york, oct. 14, 2021 /prnewswire/ -- 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 lemor development group, llc, a black-owned real estate development firm headquartered in new york, ny that specializes in the development and management of affordable and workforce housing. the preferred equity investment will support critical aspects of lemor's strategic growth plan, specifically allowing the firm to leverage increased liquidity, fund affordable/workforce housing project development, and grow internal capacity.
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