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 $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 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 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...
The federal Project Grant award of $500,000.00 was provided by the U.S. Department of Agriculture Rural Business Cooperative Services under the Healthy Food Financing Initiative (CFDA 10.872) program. The grant was awarded on September 24, 2024 to The Reinvestment Fund, Inc., a non-profit community development corporation and certified Community Development Financial Institution (CDFI) headquartered in Philadelphia, Pennsylvania. The primary objectives of the Healthy Food Financing Initiative...
This $3,800,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports The Reinvestment Fund, Inc., a certified CDFI, in delivering a range of financial services and technical assistance to drive economic development in underserved communities. The funding aims to empower CDFIs, including those focused on Native American populations, to grow, achieve sustainability, and spur community revitalization. Key...
This $1,735,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports The Reinvestment Fund, a non-profit community development corporation and certified CDFI, in delivering critical services to underserved communities. The grant funding will enable The Reinvestment Fund to expand access to affordable financial products, create jobs, support small business development, and drive economic revitalization,...
This $4.25 million project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support The Reinvestment Fund, Inc.'s efforts to expand access to healthy foods in underserved areas through December 2024. As part of the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020), grant funds must be used to provide financial products, development services, loan loss reserves, and capital reserves to for-profit organizations,...