IFF used HFFI financing to establish the Healthy Food Access Program to finance both forprofit and nonprofit grocery stores in areas without access to fresh and healthy food. IFF has funded five grocery projects to date, including one in Iowa, and it has a pipeline of potential deals to fund in 2014. In 2013, IFF helped finance C Fresh Market, a full-service grocery store that has already created 25 jobs in a high-poverty neighborhood of Des Moines. You can find more information here.
Source of money: HFFI CDFI-Financial Assistance ProgramGo to next section >