November 30, 2022

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Reinvestment Fund Awards $22.6 Million to Improve Healthy Food Access in Underserved Communities | News

Grant awards to 134 initiatives to boost access to healthy food items in their communities.

PHILADELPHIA, June 10, 2022 /PRNewswire-PRWeb/ — Reinvestment Fund right now introduced $22.6 million in fiscal support awards to 134 tasks through the 2021 round of America’s Nutritious Foods Funding Initiative’s (HFFI) Qualified Little Grants Program. Funding for the HFFI grants application is offered by the United States Division of Agriculture (USDA), authorized by the 2014 Farm Bill. The system provides one-time catalytic investments in jobs that will boost accessibility to new, wholesome food stuff by developing and growing clean foods retail and food items enterprises.

The 2021 round is the biggest since the program introduced in 2018. The 2021 Request for Apps (RFA) initially built $4 million accessible by the application. The pool was expanded to $22.6 million by the USDA, as a end result of the $155 million in further resources for the HFFI software declared by Secretary of Agriculture Tom Vilsack last week beneath the USDA’s framework for reworking the food items program. With this investment decision, the HFFI application will function with stakeholders toward recognizing the expanded vision for the application that commences to tackle the complexity of meals accessibility in communities throughout America.

“The Biden-Harris Administration and Agriculture Secretary Tom Vilsack are committed to producing local and regional food items programs that reward all Us citizens, from farmers and ranchers to modest corporations and family members who at the moment have to vacation a long way from home to locate fresh, healthful food items,” explained USDA Rural Advancement Underneath Secretary Xochitl Torres Modest. “USDA is happy to partner with Reinvestment Fund to guarantee that these means achieve the communities where they are essential most, so individuals can uncover wholesome food stuff possibilities anywhere they are living.”

Awardees were being chosen via a competitive system that was open up to suitable fresh food items retail jobs and foods enterprises looking for fiscal help to defeat the increased fees and original limitations to working in underserved areas. The system acquired 566 Letter of Fascination submissions to the RFA in December 2021. Primarily based on eligibility, 359 applicants were being invited to post entire programs in January 2022, with 294 closing apps received by the deadline in March 2022.

As the National Fund Manager, Reinvestment Fund administers the HFFI plan on behalf of USDA. The public-personal partnership aims to offer ability setting up and funding methods to stimulate foodstuff business enterprise growth at scale and establish a more equitable foods process that supports the well being and financial vibrancy of all Americans.

“The legacy of racist insurance policies like redlining and the ensuing disinvestment continue on to harm communities in so quite a few approaches, together with by means of the absence of access to healthful, affordable foods,” mentioned Don Hinkle-Brown, President and CEO of Reinvestment Fund. “We are honored to operate with the USDA to tackle some of these historical injustices as a result of the HFFI software by investing in foods units property that not only enhance food stuff accessibility in underserved communities but make improvements to wellbeing, strengthen area economies, develop prosperity and high quality employment, and build necessary community anchors.”

Awardee assignments are found 46 states, in addition to Puerto Rico and Washington DC. Of the 134 grant awardees, 45% provide rural communities and 81% are owned or led by men and women of colour, reduced-revenue folks, females, and/or native men and women. Of the awardees, 69% are grocery retail projects. A further 31% of awardees supply choice retail types which include cellular marketplaces, CSAs or food items boxes.

Awardees incorporate:

  • The Area Farm Cooperative, a employee-owned, community-centered cooperative farm company in Selma, Alabama that seeks to create a cell income device to provide high-quality, fresh produce and staple items to underserved communities during Dallas County.
  • Manuel’s Food items Industry, a neighborhood grocer in Albuquerque, New Mexico, that will be bettering its retail operations by partnering with nearby farmers to bring new deliver to the keep, building a commercial kitchen to get ready meals, and featuring weekly membership create boxes.
  • Nalwoodi Denzhone Neighborhood Common Shop, a nonprofit in San Carlos, Arizona, that will address the ongoing food items problems dealing with the San Carlos Apache communities by developing a common store on a tribally-owned, 90-acre farm.
  • Northeast Grocers, a Black-led community coalition that has been doing the job to handle the absence of grocery suppliers in Northeast Kansas Metropolis, Kansas by leveraging area and philanthropic funding to develop a small business product for a cooperative retail store.

The 2021 HFFI plan supplied fiscal guidance in the form of 1-time grants to food stuff merchants and meals enterprises that aimed to improve, expand, and innovate in just the foods retail source chain. The plan assists a variety of corporations, business enterprise designs, and money demands of ventures that process, distribute, mixture, market place, and market healthy, refreshing, and economical foodstuff to underserved communities and markets. A total checklist of awardees is obtainable at http://www.investinginfood.com.

When new at USDA Rural Development, the U.S. Division of the Treasury and U.S. Department of Health and Human Solutions have invested in wholesome food projects as a result of Group Growth Economical Institutions and Group Advancement Businesses given that 2010. To date, federal guidance has totaled $270 million in grants and has leveraged an approximated $1 billion in supplemental funding. It has also supported nearly 1,000 grocery and other wholesome food items retail assignments in much more than 35 states throughout the place, revitalizing economies, generating jobs, and improving upon overall health.

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About Reinvestment Fund

Reinvestment Fund is a mission-pushed money institution committed to building communities get the job done for all individuals. We convey economic and analytical applications to partnerships that get the job done to make certain that persons in communities across the region have the options they strive for: inexpensive destinations to dwell, access to wholesome food stuff and overall health treatment, educational institutions wherever their kids can prosper, and robust, neighborhood organizations that aid jobs. We use facts to realize marketplaces and how transactions can have the most potent impact, which has constantly earned us the best Aeris ranking of AAA for financial power and 4 stars for influence management. Our asset and chance management systems have also attained us an A+ score from S&P. Due to the fact our inception in 1985, Reinvestment Fund has furnished around $2.7 billion in financing to improve neighborhoods, scale social enterprises, and build resilient communities. Discover much more at reinvestment.com.

Media Make contact with

Kavita Vijayan, Reinvestment Fund, 1 2155745893, [email protected]

 

Source Reinvestment Fund