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Services » Regional Planning » Food Council » Growing Food Finance
Definitions
Expand/Collapse Questions and Answers
- Food enterprises are businesses or organizations along the food supply chain such as food hubs; food producers, distributors, processors, and manufacturers; commercial kitchens and food business incubators; mobile markets; and other direct to consumer markets. Food enterprises do not necessarily involve the direct sale of food to consumers.
- Food retail refers to a Retail Outlet that accepts benefits under the Supplemental Nutrition Assistance Program (SNAP) established under the Food and Nutrition Act of 2008 (7USC 2011 et seq.).
- Food supply chain diversification such that it provides consumers with access to fresh, healthy foods and provides retailers, food enterprises, and/or producers with more, better, and new market opportunities in favorable market conditions and in order to withstand and recover from disruptions and times of crisis or disaster.
- The term “Healthy Food(s)” will have the same meaning as used by the CDFI Fund –nutrient-dense foods and beverages as set forth in the USDA Dietary Guidelines for Americans 2020-2025 including whole fruits and vegetables, whole grains, fat free or low-fat dairy foods, lean meats and poultry (fresh, refrigerated, frozen or canned). Healthy Foods should have low or no added sugars, and be low-sodium, reduced sodium, or no-salt-added. (See USDA Dietary Guidelines: http://www.choosemyplate.gov/dietary-guidelines).
As defined by the CDFI Fund under the 2018 CDFI Program, the term “Low-Income” means income, adjusted for family size, of not more than:
- For Metropolitan Areas, 80 percent of the area median family income; and
- For non-Metropolitan Areas, the greater of:
i. 80 percent of the area median family income; or
ii. 80 percent of the statewide non-Metropolitan Area median family income
As defined by the CDFI Fund under the 2018 CDFI Program, the term “Moderate Income” means income, adjusted for family size, of not more than:
- For Metropolitan Areas, 120 percent of the area median family income; and
- For non-Metropolitan Areas, the greater of:
i. 120 percent of the area median family income; or
ii. 120 percent of the statewide non-Metropolitan Area median family income
- As defined in 7 USC 6953(b)(4), the term 'perishable food' means a staple food that is fresh, refrigerated, or frozen.
As defined in 7 USC 6953 (b)(4), the term “Quality Job” means a job that provides wages and other benefits comparable to, or better than, similar positions in existing businesses of similar size in similar local economies.
The term ‘rural area’ means the Rural Business Service’s Rural Area definition as out lined in Section 343(a)(13)(A)(i) of the Consolidated Farm and Rural Development Act which states:
Any area other than:
- A city or town that has a population of greater than 50,000 inhabitants; and
- any urbanized area contiguous and adjacent to such a city or town.
- As defined in 7 USC 6953(b)(4), the term 'staple food' means food that is a basic dietary item, which includes bread; flour; fruits; vegetables; dairy products; and meat.
The term “Underserved Areas” will have the same meaning as “underserved communities,” which based on Section 6015 of the 2008 Farm Bill means a community (including an urban or rural community and an Indian tribal community) that has:
- Limited access to affordable, Healthy Foods, including fresh fruits and vegetables, in grocery retail stores or farmer-to-consumer direct markets; and
- A high rate of hunger or food insecurity or a high poverty rate.
For the purpose of satisfying the project requirements for the Initiative an underserved area must either:
- Be a Census tract determined to be a Low-Income and Low-Supermarket-Access Census Tract by the United States Department of Agriculture in its Food Access Research Atlas;
- Be a Census tract adjacent to a Census tract determined to be a Low-Income and Low-Supermarket-Access Census Tracts by the United States Department of Agriculture in its Food Access Research Atlas; which has a median family income less than or equal to 120 percent of the applicable Area Median Family Income; or
- Be a Geographic Unit as defined in 12CFR Part 1805.201(b)(3)(ii)(B), which meets the criteria as having low access to supermarkets or grocery stores through a methodology that has been adopted for use by another government or philanthropic healthy food initiative or demonstrates other criteria describing low access to supermarkets or grocery stores for an underserved community.