Food Desert Fund Distributes $6 Million

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Supermarket News discussed the progress of the New York Healthy Food & Healthy Communities (HFHC) Fund, which has provided more than $6 million in financing to food stores in underserved communities. The fund has recently provided financing to two stores in downstate New York, including a Foodtown in Mount Vernon and a Key Food in Staten Island.

“The recent financing for the Foodtown in Mount Vernon and the Key Food in Staten Island are the type of projects the New York Healthy Food & Healthy Communities Fund was created to support,” said Kimberly Latimer-Nelligan, LIIF’s chief operating officer and executive vice president of community investments and programs. “They are providing residents with access to fresh, healthy food options and creating jobs for New Yorkers. We are excited continue to work across the state to invest in more projects like these going forward.”

Source: Supermarket News