USDA Expands Healthy Food Financing Initiative to Local and Regional Partnerships
Philadelphia, PA (PRWEB) August 01, 2023 -- The U.S. Department of Agriculture (USDA) is expanding the Healthy Food Financing Initiative (HFFI) program to include public-private partnerships. USDA and Reinvestment Fund will invite applications for the Local and Regional Healthy Food Financing Partnerships Program (HFFI Partnerships Program) from August 1 to November 3.
Reinvestment Fund is a national Community Development Financial Institution (CDFI) that serves as the fund manager and program administrator for HFFI.
$30 million in HFFI Partnerships Program grants is available through the Biden-Harris Administration’s American Rescue Plan. Eligible applicants include new or existing regional, state, or local public-private partnerships working to improve access to fresh, healthy food in underserved communities through technical and financial assistance to food retailers and enterprises.
The HFFI Partnerships Program is a part of The Healthy Food Financing Initiative (HFFI). HFFI works to improve access to healthy foods in underserved areas, create and preserve quality jobs and revitalize low-income communities. HFFI aims to build a more equitable food system that supports all Americans' health and economic vibrancy.
Reinvestment Fund will hold an informational webinar for interested applicants to the HFFI Partnerships Program on September 7 at 3:00 p.m. Eastern Time. For more information, including a link to the grant application, registration for the webinar, program updates and more, please visit http://www.investinginfood.com. Applications must be submitted to Reinvestment Fund no later than 11:59 p.m. Eastern Time on November 3.
To learn more about the HFFI Partnerships Program, visit http://www.investinginfood.com
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USDA is an equal opportunity provider, employer and lender.
Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. We bring financial and analytical tools to partnerships that work to ensure that everyone has access to essential opportunities: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets, communities, and impediments to opportunity—and how investment and policy decisions can have the most powerful impact. Since our inception in 1985, Reinvestment Fund has provided over $2.7 billion in financing to strengthen neighborhoods, scale social enterprises, and build resilient communities. Beginning with the Pennsylvania Fresh Food Financing Initiative (FFFI) in 2004, Reinvestment Fund has developed a comprehensive and evidence-based approach to improving the food landscape for low-income people. Since that time, we have provided $371 million in grants and loans to healthy food projects. Learn more at reinvestment.com.
Tiffany Patterson, Reinvestment Fund, http://www.reinvestment.com, 1 2155745800, [email protected]
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