Genesis companies receives equity investment from trufund's impact developers fund to expand capacity

New york, march 25, 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 genesis companies, llc (genesis), an african american-owned full-service real estate development firm that specializes in financing, developing and operating mixed-income and mixed-use residential projects in new york and new jersey. the preferred equity investment will support critical aspects of genesis' strategic growth plan, specifically allowing the firm to continue to grow internal capacity, execute more efficiently and leverage increased liquidity.
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