The Department of Commerce Economic Development Administration awarded Trufund Financial Services, Inc. a $1.1 million Project Grant on February 11, 2021 under the Economic Adjustment Assistance program.
The grant will support Trufund in providing technical assistance, planning, and infrastructure development services to regions in Baton Rouge, Louisiana experiencing adverse economic changes. As the CFDA description notes, the Economic Adjustment Assistance program aims to aid areas facing sudden or gradual economic impacts that may result from steep downturns.
The $1.1 million in funding will allow Trufund to deliver services that can help the local economy adjust and recover from adverse changes through public works and development projects.
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