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...
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 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...
The federal Project Grant award of $500,000.00 was provided by the U.S. Department of Agriculture's Rural Business Cooperative Services under the Healthy Food Financing Initiative (CFDA 10.872) program. The grant was awarded to The Reinvestment Fund, Inc., a non-profit community development corporation, to support the development and preservation of grocery stores, farmers markets, food banks, corner stores, and other retail outlets that sell fresh produce and nutritious food items in...
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 $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 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 $5,000,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will provide supplemental funding to CDFI Financial Assistance (FA) and Native American CDFI Assistance (NACA) award recipients. The purpose is for these certified CDFIs to offer financing activities that expand the availability of healthy food retail and non-retail outlets in underserved areas. The CDFI recipients will use the funds for...
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 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...