Fresh Food Financing Initiative

Ceiling: $150,000
Private
The Food Trust

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.

Description

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.

Eligibility

States
Pennsylvania
Regions
All
Eligible Entities
County governments, For profit organizations other than small businesses, Nonprofits, Small businesses

Funding

Program Funding
Award Ceiling
$150,000
Award Floor
Award Count

Timing

Posted Date
September 18, 2024
App Status
Anticipating Next Round
Pre-app Deadline
Application Deadline

Funder

Funding Source
Source Type
Private
Contact Name
Contact Email
Contact Phone
--

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