LIIF Joins Mayor Bloomberg at Staten Island Grocery Ground Breaking

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LIIF joined Mayor Bloomberg to celebrate the ground breaking of a grocery store in Staten Island. The store owner is receiving a $3.8 million loan from the Healthy Food & Healthy Communities Fund as well as support from the City’s FRESH program. The funds will enable the store to expand from 6,000 to 9,000 square feet and create 33 new jobs.

“The New York Healthy Food & Healthy Communities Fund is proud to be providing $3.8 million in financing to bring this new Key Food Market to Staten Island,” said Nancy O. Andrews, President & CEO of the Low Income Investment Fund. “Store owner Amy Doleh is a proven entrepreneur who will transform a vacant building into a high quality, supermarket. This store will make a tremendous positive difference the lives of local residents, particularly benefitting the many low-income families in the neighborhood, by increasing access to healthy, nutritious food and creating new jobs. We are thrilled to partner with Mayor Bloomberg and the New York City Food Retail Expansion to Support Health (FRESH) Program on this project.”

Read more about the event:
NYC.gov
New York City Economic Development Corporation

Mayor Bloomberg announces expansion of Key Food Supermarket through FRESH Program. November 21, 2011 (Photo Credit: Spencer T Tucker)

Source: NYC.gov