Insights

Reinvestment Fund is inviting applications for grant awards and technical assistance through the 2021 round of the America’s Healthy Food Financing Initiative (HFFI) Targeted Small Grants Program.

Reinvestment Fund received a $60 million New Markets Tax Credit (NMTC) allocation award today as part of the 2020 round of awards announced by the U.S. Department of the Treasury’s CDFI Fund.

Reinvestment Fund today announced $700,425 in emergency meal grant awards under the New Jersey Child Nutrition Fund (NJCNF) program to 41 organizations that are helping to make sure children and families get healthy food to eat at a time when the COVID-19 pandemic has disrupted normal channels.

Reinvestment Fund announced $1.2 million in grant awards to 89 childcare providers, early intervention and home visiting service organizations under the Philadelphia Emergency Fund for Stabilization of Early Education (PEFSEE) program. PEFSEE is a collaboration of the William Penn Foundation, Vanguard’s Strong Start for Kids Program™ and Reinvestment Fund to support Philadelphia childcare providers who are struggling to sustain their businesses and early learning support for families through closures caused by the COVID-19 pandemic.

Reinvestment Fund today released a new analysis that identifies Rural Food Access Investment Areas (Investment Areas). These Investment Areas are places in rural America that do not have easy access to healthy food retail but have the market demand to support investments in new and existing place-based solutions. Reinvestment Fund has identified 1,472 Investment Areas that are home to 11.7 million people in the rural U.S.

Reinvestment Fund recently closed on a loan to First Step Staffing, Inc., the nation’s largest nonprofit social enterprise staffing company. The $3 million loan is led by Reinvestment Fund, with participations from Atlanta Emerging Markets, Inc. (AEMI) and Access to Capital for Entrepreneurs (ACE).