Project Grant 231HF064341G

Award Date 9/26/24
Completion Date 12/31/27
Dollars Obligated $3.8M
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
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This $3,800,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CDFI Program (CFDA 21.020), will provide financial assistance to certified CDFIs to expand the availability of healthy food retail and non-retail outlets in underserved areas. The funding must be used by the recipient, Locus Impact Fund, for financial products, development services, loan loss reserves, and capital reserves (for regulated institutions)...
The federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), aims to support certified CDFIs in expanding the availability of healthy food retail and non-retail outlets in underserved areas. The $2,000,000 award, granted to the Cleveland Development Advisors Community Reinvestment Fund, Inc. on September 26, 2024, will enable the organization to provide financing activities, such as financial...
The Reinvestment Fund, Inc. was awarded a $3.62 million Project Grant from the US Department of Agriculture Rural Housing Service on September 30, 2022 through September 30, 2024. The grant funding will support the Healthy Food Financing Initiative (HFFI) program, which aims to improve access to healthy foods in underserved areas, create and preserve jobs, and revitalize low-income communities. Under the award, The Reinvestment Fund will work to deliver these objectives by providing financing...
The Reinvestment Fund, Inc. was awarded a $1,377,652 Project Grant from the US Department of Agriculture Rural Housing Service on July 11, 2022 to support the Healthy Food Financing Initiative (HFFI) program. With a completion date of July 11, 2024, this award will allow The Reinvestment Fund to improve access to healthy foods in underserved areas of Pennsylvania through the creation and preservation of quality jobs and revitalization efforts in low-income communities. As the objective of the...
The Reinvestment Fund, Inc. was awarded a $20 million Project Grant from the US Department of Agriculture Rural Housing Service on March 1, 2022 through the Healthy Food Financing Initiative (HFFI) federal grant program (CFDA #10.872). The grant is intended to improve access to healthy foods in underserved areas of Pennsylvania through March 1, 2024 by creating and preserving quality jobs and revitalizing low-income communities. Specifically, the funding will support The Reinvestment Fund's...
The $3,800,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Peoples Bancshares, Inc., a certified CDFI. The funding is intended to provide financing activities to support healthy food retail outlets and non-retail outlets in underserved areas, with the goal of expanding the availability of healthy foods. Specifically, the CDFI is authorized to use the HFFI (Healthy Food...
The Reinvestment Fund, Inc. was awarded a $95 million Project Grant from the US Department of Agriculture Rural Housing Service under the Healthy Food Financing Initiative program. The grant will support improving access to healthy foods in underserved areas of Pennsylvania through 2024. As the objective of the Healthy Food Financing Initiative is to enhance food access, create jobs, and revitalize low-income communities, the funding will likely be used by The Reinvestment Fund to finance...
The Reinvestment Fund, Inc. was awarded a $2,243,479 Project Grant from the US Department of Agriculture Rural Housing Service on September 30, 2022 through September 30, 2024. The award was provided under the Healthy Food Financing Initiative (HFFI) federal grant program (CFDA #10.872), which aims to improve access to healthy foods in underserved areas, create and preserve quality jobs, and revitalize low-income communities. Under this award, The Reinvestment Fund will work to deliver its...
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $5,756,521 Project Grant under the Healthy Food Financing Initiative (CFDA 10.872) to The Reinvestment Fund, Inc. The grant, awarded on September 15, 2023, will fund The Reinvestment Fund's efforts to promote community revitalization and increase access to healthy, affordable food in underserved areas of Pennsylvania through the development and preservation of grocery stores, farmers markets, food hubs, and...
This $750,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund), a certified CDFI. The funding is intended to provide supplemental financing to Entrepreneur Fund to expand the availability of healthy food retail and non-retail outlets in underserved areas, particularly low-income, low-access food areas....

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $3,800,000 Project Grant to The Reinvestment Fund, Inc., a certified CDFI, to provide financing activities that expand the availability of healthy foods in underserved areas. The funding will support the Healthy Food Financing Initiative (HFFI) by enabling The Reinvestment Fund to offer financial products, development services, loan loss reserves, and capital reserves to healthy food retail and non-retail outlets in low-income, low-access areas. The goal of this award is to increase access to healthy foods in underserved communities. The grant has an award date of September 26, 2024, and a planned completion date of December 31, 2027.

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