Www.TheFoodTrust.org . Ensuring Access to Affordable, Nutritious Food.
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Transcript of Www.TheFoodTrust.org . Ensuring Access to Affordable, Nutritious Food.
www.TheFoodTrust.org
www.thefoodtrust.org
www.TheFoodTrust.org
Ensuring Access to
Affordable, Nutritious
Food
www.TheFoodTrust.org
Case Study: ShopRite of Island Avenue, Philadelphia
www.TheFoodTrust.org
Pennsylvania Supermarket Campaign
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Food Marketing Task Force
Children’s health emphasis City-wide focus Involvement of prominent leaders from supermarket
industry, city government, and civic sector
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Pennsylvania Commits to Change
Statewide Hearings
“The lack of supermarkets is a problem affecting Philadelphia and Pittsburgh as well as other
cities and towns in the Commonwealth.”Report of the
Health and Human Services Committee
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Fresh Food Financing Initiative Goals & Objectives
Increase the availability of affordable, nutritious food Create jobs and economic opportunity Remove barriers for supermarket development in
low-income communities
www.TheFoodTrust.org
Overview of Financing Initiative
What is the Fresh Food Financing Initiative?1
• Grant funding up to $250,000 per store
• Loan funding up to $2.5 million per store
How may supermarkets use these funds?2
A comprehensive, multi-faceted $120 million financing pool.
www.TheFoodTrust.org
Romano’s Grocery
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Partner RolesThe Reinvestment Fund underwrites grants & loans; raises private
capital
The Food Trust site evaluation, marketing and outreach
Greater Philadelphia Urban Affairs Coalition
employment opportunities for disadvantaged, minority and women-owned businesses
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Measuring Success
•$41.8 million in grants & loans
• 58 projects funded
• 3,495 jobs
• 1.4 million sf in retail space
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Research NIH funded study conducted by Penn State University, University
of Michigan, University of London, and The Food Trust
Objective: to compare fruit and vegetable consumption patterns before and after opening of a new supermarket.
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National Work
Illinois
Louisiana
New Jersey New York
Detroit
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New Orleans
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Health and Food Access: Chicago