​​​​​​​Reinvestment Fund

In Baltimore, Reinvestment Fund used HFFI funding to help finance Apples & Oranges Fresh Market and the Howard Park Supermarket. Apples & Oranges Supermarket is a minority-owned market in an East Baltimore neighborhood with an unmet grocery demand of $26.4 million. Apples & Oranges created four full-time and 11 part-time jobs, and it includes meeting space for nutrition and health education programs for the community. Reinvestment Fund is working with the Opportunity Finance Network and Baltimoreans United in Leadership Development (BUILD) to bring a 67,000-square-foot, full-service ShopRite supermarket to Baltimore's Howard Park community. The Howard Park ShopRite will provide access to fresh foods and create 250 full- and part-time jobs, many of which will be filled by neighborhood residents. You can find more information here

Source of money: HFFI CED Program and HFFI CDFI-Financial Assistance Program

Note: Reinvestment Fund is a CDFI headquartered in Pennsylvania that finances projects in Maryland, Massachusetts, New Jersey, and Pennsylvania.