The Healthy Food Financing Fund (HFFF) grant program is the cornerstone of a strategic phased approach to developing a suite of financial tools and technical assistance for food and agricultural enterprises grow, raise, process, aggregate, distribute and sell local, fresh, healthy food through expanded retail and institutional in-state market channels in rural and underserved communities.
Donor Name: New Mexico Economic Development Department
State: New Mexico
County: All Counties
Type of Grant: Grant
Deadline: 11/13/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
Priority Areas
Project Priority Areas for Value Chain Investment:
- Increases access to food for historically under-resourced communities.
- Addresses workforce development challenges through the creation and retention of jobs in the food and agricultural supply chain.
- Strengthens and diversifies in-state market channel access for small and mid-scale food and agricultural operations.
- Advances food safe storage/aggregation, distribution and transportation in regional food supply chain networks.
- Supports the implementation of regenerative agricultural practices.
Project Categories
- Food Retail (e.g. grocery stores, co-operatives, mobile grocery projects, farmers’ markets)
- Processing/Value-added Products (staple foods: meat, fruit, vegetables, dairy, grain, etc.)
- Aggregation/Distribution/Transportation (e.g. food hubs, cold/dry storage)
- New Mexico Grown Production (e.g. farmers, ranchers, co-operatives, nonprofit production, hydroponic/aquaponic).
Funding Information
HFFF has $250,000 in funding for FY25.
Eligible Costs
- Predevelopment: business plans, market analysis, site plans, architectural/engineering designs, feasibility study, etc.
- Brick and Mortar Facility Development: construction, renovations, property improvements
- Equipment, supplies, furnishings
- Other costs may be incorporated into proposals for marketing, website, business process upgrades, training/certifications.
Eligible Entities
- Political subdivisions of the state
- Indian nations, Tribes, and pueblos
- For-profit business enterprises (including a corporation, limited liability company, sole proprietor, public benefit corporation, social enterprise)
- Cooperatively owned businesses
- Tax-exempt nonprofit corporations
- Small farmers/ranchers with gross cash farm income under $250,000 are eligible (commercial and noncommercial farms).
Ineligible Costs
- Staffing, labor, payroll costs
- Real estate transactions, land acquisitions
- Non-durable goods
- Charitable food projects, including food banks and food pantries
- Exclusively experiential, demonstration or educational projects
- Restaurants that are primarily focused on the sale of prepared, hot foods in a restaurant or takeaway setting to consumers
- Entities wishing to lend or regrant the award funds are NOT eligible to apply.
For more information, visit EDD.
