New State Funding for Healthy Retail
The State of Michigan has received a $3 million federal Healthy Food Financing Initiative (HFFI) award from the US Departments of Treasury, Health and Human Services, and Agriculture to support the Michigan Good Food Fund. The Michigan Good Food Fund is an innovative fund that connects local food production with local retail in order to bring healthy food to Michigan residents in underserved areas.
NCB Capital Impact, a certified Community Development Financial Institution, is partnering with Fair Food Network, W.K. Kellogg Foundation, Michigan Food Policy Council, Michigan State University’s Center for Regional Food Systems, AFPD, Growing Hope and MOSES to fund projects that expand access to good food and offer marketing opportunities to farmers.
“There is incredible entrepreneurship stimulating the good food movement, nationally and here in Michigan,” said Dr. Oran Hesterman, president and CEO of the Fair Food Network. “The Michigan Good Food Fund will be a powerful way to harness flows of capital while increasing access to healthy food, supporting farmer viability, and growing strong, local economies.”