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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Agriculture
      Department Operations, Oversight, and Nutrition
    IntroducedJune 12th, 2013

Bill Details

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Title

Healthy Food Financing Initiative

Official Title

To amend the Department of Agriculture Reorganization Act of 1994 to establish in the Department of Agriculture a Healthy Food Financing Initiative.

Summary

Healthy Food Financing Initiative - Amends the Department of Agriculture Reorganization Act of 1994 to direct the Secretary of Agriculture (USDA) to establish an initiative to improve access to healthy foods in underserved areas, create and preserve quality jobs, and revitalize low-income communities by providing loans and grants to eligible fresh food retailers to overcome the higher costs and initial entry barriers in underserved areas. Provides that funds shall be used to: (1) create revolving loan pools of capital and provide grants to finance eligible projects or partnerships, and (2) provide technical assistance and limited administrative expenses. Requires projects to accept SNAP (formerly known as food stamps) benefits.