For over a decade, CDFIs have worked to improve equity in access to healthy food and economic opportunity in urban and rural communities nationwide. This year, with support from the United States Department of Agriculture (USDA), Reinvestment Fund is pleased to share news of the availability of $1.8 million in financial and technical assistance for healthy food retail projects through the national Healthy Food Financing Initiative (HFFI).
A fierce seeker of solutions, Jeremy Nowak identified ways to improve the lives of disadvantaged communities, contributed to the betterment of Philadelphia, and believed in the power of communities to innovate and improve.
Late last month Reinvestment Fund announced a new place-based impact investment opportunity targeted to the greater Philadelphia region. The fund—PhilaImpact Fund—is believed to be a first-of-its-kind collaboration between a community foundation, The Philadelphia Foundation, and a Community Development Financial Institution, Reinvestment Fund.
From Pay-for-Success to solar energy financing, the NEXT Fund for Innovation awards new ways to improve outcomes in underserved communities across the U.S.