Action for a Better Community (ABC) is a Community Action Agency that promotes and provides opportunities for low-income individuals and families to become self-sufficient.
ABC is using HFFI financing to support the development of a 20,000 square foot grocery store in a section of the City of Rochester, New York, that is designated as a food desert by the USDA. ABC will provide a low-interest loan to Constantino’s Market, a family-owned and operated grocery business, for necessary start-up costs. This project is part of a major mixed-use redevelopment project led by the University of Rochester to create an urban village center, spur economic development, and keep residents and goods and services within the city limits. The jobs created by this project do not require advanced educational levels and are appropriate for low-income unemployed residents, including TANF recipients. This project will create 30 new full-time jobs for low-income individuals.
Proposed Project Outcomes
- 30 jobs created
- Funds to be leveraged: $3,608,000
Source of money: HFFI CED Program, Fiscal Year(s): 2014