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Healthy Food Financing Initiative

In 2014, Finance Fund Capital Corporation (FCAP) with support from the Ohio Regional Convergence Partnership, the United Way of Central Ohio and the United Way of Greater Cleveland commissioned The Food Trust to conduct a statewide quantitative research study to identify Ohio communities that lack access to healthy food options.

The report, Food for Every Child: The Need for Healthy Food Financing in Ohiomapped communities located at the confluence of high rates of diet-related death, poor supermarket access and low-income and determined that over two million Ohioans, including 500,000 children, live in low-income communities (LIC) underserved by supermarkets.

Healthy Food Financing Task Force

In June 2014, Finance Fund shared the Food Study findings with a statewide Task Force of key public and private stakeholders representing state agencies, foundations, grocers, corporations and nonprofit health and food access organizations. The Healthy Food Financing Task Force has since identified key barriers, including access to financing,  that are keeping healthy food retailers from locating in underserved communities. The Task Force developed policy recommendations to reduce or eliminate those barriers. The report, Supporting Grocery Development in Ohio, was released February 2015.

Funders and Healthy food projects needed

FCAP is seeking capital from public and private sources for the “Healthy Food for Ohio” grant and loan program. The program will assist healthy food providers with capital to open or expand operations in urban and rural communities with low supermarket access.

Please contact Director of Development Valerie Heiby vheiby@financefund.org if you are interested in providing grant or loan funding for this program.

FCAP is also reviewing eligible healthy food projects that are seeking funding. Those with projects or referrals should contact Credit Officer Kelly Cook at kcook@financefund.org for details on how to apply.

The application is a two-step process:

  1. To determine whether a project is eligible under the program guidelines, applicants must complete a Pre-Application.
  2. To apply for funding, eligible applicants must complete a full Application for Financing. 

Healthy Food financing initiative Resources

In the News

 

Limited Supermarket Access (LSA) in Ohio

Data mapped by PolicyMap, an online GIS mapping tool.
This widget is made possible with support from JPMorgan Chase and ReFresh.
 

Contact Us

If you're interested in partnering with Finance Fund to address the significant need for supermarkets and other healthy food retail in Ohio's economically distressed communities, we'd like to explore this the possibilities with you. To find out more, please contact Valerie Heiby, Director of Development at vheiby@financefund.org





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