Launched in 2013 with $7.1 million in seed funding from the Colorado Health Foundation, CO4F makes financing available for grocers that offer affordable and nutritious foods in areas where such goods are scarce. The statewide fund is the first of its kind in Colorado and was developed in response to recommendations from theDenver Food Access Task Force. CO4F aims to remove financial barriers from the construction, expansion and renovation of grocery stores in underserved areas and is designed to:
- Improve retail access to fresh and healthy foods in Colorado
- Encourage economic development in low- to moderate-income neighborhoods
- Provide attainable financing to food retail outlets that will promote better food access
- Partner with local governments when possible to enhance the benefits and success
- Develop a Colorado model based upon national best practices
To learn more, go to the Colorado Health Foundation.
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