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www.TheFoodTrust.org www.thefoodtrust.org
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www.TheFoodTrust.org Ensuring Access to Affordable, Nutritious Food
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www.TheFoodTrust.org Case Study: ShopRite of Island Avenue, Philadelphia
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www.TheFoodTrust.org Pennsylvania Supermarket Campaign
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www.TheFoodTrust.org Food Marketing Task Force Children’s health emphasis City-wide focus Involvement of prominent leaders from supermarket industry, city government, and civic sector
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www.TheFoodTrust.org Pennsylvania Commits to Change Statewide Hearings “The lack of supermarkets is a problem affecting Philadelphia and Pittsburgh as well as other cities and towns in the Commonwealth.” Report of the Health and Human Services Committee
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www.TheFoodTrust.org Fresh Food Financing Initiative Goals & Objectives Increase the availability of affordable, nutritious food Create jobs and economic opportunity Remove barriers for supermarket development in low-income communities
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www.TheFoodTrust.org Overview of Financing Initiative What is the Fresh Food Financing Initiative? 1 Grant funding up to $250,000 per store Loan funding up to $2.5 million per store How may supermarkets use these funds? 2 A comprehensive, multi-faceted $120 million financing pool.
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www.TheFoodTrust.org Romano’s Grocery
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www.TheFoodTrust.org Partner Roles The Reinvestment Fund underwrites grants & loans; raises private capital The Food Trust site evaluation, marketing and outreach Greater Philadelphia Urban Affairs Coalition employment opportunities for disadvantaged, minority and women- owned businesses
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www.TheFoodTrust.org Measuring Success $41.8 million in grants & loans 58 projects funded 3,495 jobs 1.4 million sf in retail space
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www.TheFoodTrust.org Research NIH funded study conducted by Penn State University, University of Michigan, University of London, and The Food Trust Objective: to compare fruit and vegetable consumption patterns before and after opening of a new supermarket.
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www.TheFoodTrust.org National Work Illinois Louisiana New Jersey New York Detroit
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www.TheFoodTrust.org New Orleans
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www.TheFoodTrust.org Health and Food Access: Chicago
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www.TheFoodTrust.org Thank you! Yael Lehmann ylehmann@thefoodtrust.org
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