Fresh Food Financing Initiative
This funding opportunity provides financial support to businesses looking to establish or expand grocery stores that offer healthy food options in low- to moderate-income areas of Pennsylvania.
Donor Name: The Food Trust State: Pennsylvania County: All Counties Type of Grant: Grant Deadline: 11/01/2024 Size of the Grant: Up to $50,000 for most projects, and up to $150,000 for high-impact projects Grant Duration: Not specified Details/Overview: Applications are now open for the Pennsylvania Fresh Food Financing Initiative (PAFFFI), a statewide public-private financing program aimed at helping business owners open or expand healthy grocery outlets in communities across Pennsylvania. Administered by The Food Trust in partnership with Pennsylvania-based community development financial institutions (CDFIs) and overseen by the Pennsylvania Department of Community and Economic Development (DCED), PAFFFI provides one-time grants and loans to nonprofit, for-profit, and cooperative food businesses. The initiative focuses on increasing access to healthy, affordable food and improving economic opportunities for low- to moderate-income residents in urban, suburban, and rural areas of the state. Most projects are eligible for up to $50,000 in funding, with high-impact projects qualifying for up to $150,000. The project must be located in an area that is low-to-moderate income, meaning it’s either in a census tract with a Median Family Income of up to 80% of Area Median Income, or a poverty rate of 20% or higher. The area must also be underserved by fresh food retail, so there can’t be other similar fresh food markets or grocery stores already within its trade area.
Award Range
Not specified - $150,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Applicants may be for-profit, nonprofit, or cooperative entities. Eligible projects include the development, renovation and expansion of: Supermarkets Grocery stores Corner stores/bodegas Food hubs Mobile markets Co-ops Farmers markets Food aggregation and processing centers with a direct connection to direct-to-consumer retail outlets
Geographic Eligibility
All
Application Opens
Not specified
Application Closes
Not specified
Subscribe to view contact details