Monday, 25 September 2017 17:20

Healthy Food Financing Initiative

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FGA's partners at the Florida Department of Agriculture & Consumer Services has contracted with a local organization to help fund projects that support healthy food initiatives in Florida. Florida Community Loan Fund is a statewide community development financial institution with more than 20 years of experience providing capital and expertise to help projects succeed in low-income communities and are the contracted entity administering the funding for the Healthy Food Financing Initiative. FCLF financing can offer highly flexible loan terms for a broad range of projects that create high social impact. Their lending generally supports:

  • Economic Development: Food Access, Technology Hubs, Business Incubators, Catalytic Redevelopment Projects
  • Community Facilities: Homeless & Special Needs, Community Healthcare, Charter Schools and other Education & Youth
  • Housing: Affordable, Supportive, Single & Multifamily, New & Preservation

To help address health concerns in Florida, Florida Community Loan Fund has developed a Food Access Financing Program to provide flexible financing for projects that provide greater access to fresh, healthy foods in low-income, underserved, food insecure communities. This financing is used to address food insecurity predominantly in USDA designated food deserts. To see if your project is located in a food desert, click here.

FCLF’s Food Access Financing Program has the capacity to use a variety of federal and state sources of capital, including New Markets Tax Credits, to fund projects that qualify for healthy food financing guidelines. Examples of FCLF-financed food access projects include:

  • Fresh Ministries, providing aquaponics and job training in Jacksonville
  • Hitchcock’s Market, a full service grocery store in a rural Florida community
  • Treasure Coast Food Bank, processing local farm produce for use in local schools and food banks
  • Evans Center, which will house both a fresh foods market and a healthcare facility in a single building in low-income area of Brevard County (loan under commitment; not yet finalized)

To learn more about FCLF Food Access Financing, click here.

Click here to access a fact sheet on FCLF Food Access Financing.
Click here to access a fact sheet on the State of Florida Healthy Food Financing Initiative (FL-HFFI), which may be able to offer enhanced financing that could fit your project.
Click here to access information on FCLF’s New Markets Tax Credit Program and click here for a fact sheet overview of FCLF NMTC projects.

To learn more about how FCLF can help your project succeed, visit their website www.fclf.org, call them at 407.246.0846 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

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Read 100 times Last modified on Monday, 25 September 2017 17:24