A new loan and grant fund aims to improve public health and drive economic growth in Michigan by expanding access to healthy food in underserved communities.
The Michigan Good Food Fund, a public-private partnership launched in June, will provide funding to food producers, distributors, processors and retailers, who are often overlooked by traditional banks. The fund’s supporters say the loans and grants are an important step toward decreasing obesity rates among the 1.8 million Michiganders—including 300,000 children—who live in communities with limited access to healthy food.
The fund’s core contributors are Fair Food Network, Michigan State University Center for Regional Food Systems, W.K Kellogg Foundation and Capital Impact Partners. By 2020, the partners plan to raise $30 million for the fund and ensure that 80 percent of residents have healthy food options, with 20 percent of the food consumed in Michigan sourced from within the state.
The fund is a positive step that is well-aligned with efforts by the Michigan Environmental Council and the Healthy Kids Healthy Michigan coalition to reduce childhood obesity, said Tina Reynolds, MEC health policy director.
“We will work alongside partners from the American Heart Association who are trying to put together state dollars to help seed the fund,” Reynolds said. “We will be involved with legislative meetings, education and outreach, and engaging key members of the Legislature to support these dollars.” Read more