Congresswoman Marcia L. Fudge (OH-11) today co-introduced the Healthy Food Financing Initiative Act of 2013. This legislation would authorize $125 million to provide loans, grants and financing opportunities for food retailers, farmers markets, cooperatives and others who face barriers to carrying and selling healthy foods such as fresh fruits and vegetables. Introduced with Congresswoman Alyson Schwartz (PA-13), this legislation is being offered as a stand-alone bill in addition to the Healthy Food Financing Initiative (HFFI) Amendment to the Federal Agriculture Reform and Risk Management Act (FARRM Bill) that was introduced by Congresswoman Fudge. The amendment received bipartisan support and was approved by the House Agriculture Committee in May.

“We know that access to healthy food lowers the risk of diet-related diseases and fosters healthy living.  For example, a multi-state study found that adults with no supermarkets within a mile of their homes are 25 to 46 percent less likely to have a healthy diet than those with the most supermarkets near their homes,” said Congresswoman Fudge.  “I’m pleased to support legislation that addresses this imbalance.  Healthy food retail  builds up communities, creates jobs and helps more people achieve a healthy lifestyle.”

Accessing healthy food is a challenge for many Americans, particularly those living in low-income neighborhoods, communities of color and rural areas.  For every additional supermarket in a census tract, African Americans’ produce consumption increased by 32 percent.

“More than 25 million Americans lack access to healthy foods, and this crisis demands aggressive action,”  Congresswoman Schwartz said.  “The Healthy Food Financing Initiative will expand food options in underserved areas, improve the health of children and families, and spark local economic development. As we continue to reinvigorate our economy, this public-private partnership will create good-paying jobs, help people live longer and healthier lives, and strengthen our neighborhoods.”

In addition to the direct nutritional benefits experienced by families, healthy food retail improves the economic health and well-being of communities and can help to revitalize struggling business districts. A study by the Reinvestment Fund demonstrates that housing values saw an immediate boost ranging from 4 to 7 percent following a supermarket opening. 

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