This Award Includes $1,000,000 for Healthy Food Financing

The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) recently awarded $202 million to 195 organizations.  The CDFI Program invests in and expands the capacity of CDFIs through awards and trainings.  This empowers CDFIs to grow, attain sustainability, and help revitalize their communities.

Jane Henderson, President & CEO of VCC stated, “VCC is delighted to have been awarded $2,600,000 from the CDFI Fund to help Virginia communities.  This is the fourth consecutive year VCC has received this type of award. 

However, this is the first time VCC received a Healthy Food Financing Initiative (HFFI) award.  This funding is designed to help us make investments in retail and non-retail healthy food projects serving low-income communities, including food processors, grocery stores, mobile food retailers, farmers markets, and food cooperatives.  This year, only eleven CDFIs received this HFFI award.  VCC is honored $1,000,000 of our total award will be used to expand access to affordable healthy foods throughout Virginia.”   Click here to read more…