ESG News For Carver Bancorp, Inc.

TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF). The additional $11.5 million includes commitments from three new investors, in addition to increased commitments from the Ford Foundation and Tru-Capital Investment Fund, the general partner of the fund. This results in a >40% increase in the fund's size to a total of $37.5 million.The fund's mission is to empower real estate developers who have traditionally lacked access to capital and supp

And has completed a total of 12 Equity Investments in MDIs and CDFI Banks

Grant will enable Carver to bolster its capital position in the wake of COVID-19 and help the bank in its mission to assist minority and women-owned businesses in New York