Opportunity Finance Network (OFN) is using HFFI financing to make capital available to CDFIs focused on increasing access to affordable healthy foods in low‐income neighborhoods. By serving as an intermediary to the CDFI Fund’s capital, OFN is financing CDFIs that are ramping up their capacity to address food access issues, but are not prepared at this time to secure an HFFI‐FA award. OFN will target CDFIs seeking to finance projects in their communities that promote healthy food options, with an emphasis on mid‐tier food chain enterprises and retail outlets serving food deserts. This includes CDFIs with community facility or small business lending expertise with skills that are transferable to healthy food project lending. You can find more information here.
Source of money: HFFI CDFI-Financial Assistance Program
Note: OFN is headquartered in Pennsylvania, but supports projects nationwide.