Poverty Solutions, Inc.

Based in Los Angeles, California, Poverty Solutions, Inc. (PSI) will use its $800,000 grant from the HFFI HHS program to make loans to nine healthy-food businesses, including the expansion of the Compton Tartar Farmers Market to open a mini-food hub at a location in Compton that formerly housed a different farmers market, as well as Optimal Foods, a fresh food service contractor that distributes healthy lunches to schools. Through these nine businesses, the project will create 60 new, full-time jobs.
 
Projected Impacts

  • Make loans to (9) newly opening or improved healthy-food businesses
  • Create (60) new full-time jobs

Source of money: HFFI CED Program; Fiscal Year(s): 2015