STAKEHOLDER ANNOUNCEMENT - USDA Expands Healthy Food Financing Initiative to Local and Regional Partnerships

STAKEHOLDER ANNOUNCEMENT  USDA Expands Healthy Food Financing Initiative to Local and Regional Partnerships WASHINGTON, August 1, 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. To learn more, read full Stakeholder Announcement. USDA is an equal opportunity provider, employer, and lender.

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