Woodborn Partners Receives Equity Investment From Trufund'S Impact Developers Fund For Project Development
Woodborn Partners Receives Equity Investment From Trufund'S Impact Developers Fund For Project Development
07/21/21, 9:14 PM
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 Woodborn Partners, LLC, a Black-owned real estate development firm headquartered in Detroit, MI. Woodborn Partners specializes in financing, developing and operating mixed-income and affordable residential projects. The preferred equity investment will support critical aspects of Woodborn Partners' strategic growth plan, specifically allowing the firm to continue with the development of new affordbale housing projects.
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Established in 2009, Woodborn Partners is a Detroit headquartered real estate development company with operations in the Mid-West and Mid-Atlantic that primarily focuses on real estate development and development advisory services. Their goal is to develop more than just buildings, but lives by creating environments of success. Woodborn focuses on projects that create a shared sense of community through their safety, attractiveness, and ability to increase the value of surrounding communities.