Morgan Stanley, TruFund Financial Services and the Ford Foundation today announced the launch of the Impact Developers Fund. The $26 million fund will provide much needed capital to emerging impact businesses that lack access to adequate affordable capital, including minority and women owned real estate development companies, expanding their capacity to build, own and operate quality affordable housing and to provide value-adding social services to enhance residents’ quality of life. The fund will also provide custom capital solutions, including debt and equity, tailored to the needs and capacity of the business.