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Vida Mejor Capital's Healthy Food Financing Fund (HFFF) is a pivotal component of New Mexico's initiative to blend economic development with enhanced food security. Administered by the state fund manager, the HFFF program supports projects that contribute to the growth of food and agricultural enterprises. This initiative is particularly focused on expanding fresh, healthy food access in rural and underserved communities across New Mexico. Our grants prioritize projects led by and benefiting historically marginalized communities, emphasizing workforce development, job creation, and sustainable agricultural practices.

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Healthy Food Financing Fund (HFFF)

Program Overview

The purpose of New Mexico’s Healthy Food Financing Fund is to support the intersection of economic development in New Mexico’s food and agricultural sector with increased food security for New Mexicans. The HFFF program is an integral part of the governor’s Food Initiative and prioritizes food retail in rural and underserved communities and provides alternate market channels for value-add and sustainable agriculture.

The HFFF program is the cornerstone of a strategic phased approach to developing a suite of financial tools for food and agricultural enterprises in New Mexico to grow, raise, process, aggregate, distribute and sell local, fresh healthy food through expanded retail and institutional market channels in rural and underserved communities in New Mexico.

The fund prioritizes projects demonstrating a focus on underserved communities in the following priority areas:

  • Projects that are led by individuals who are from historically marginalized communities

  • Projects that increase access to food for historically marginalized communities

  • Projects addressing workforce development/training and/or creation or retention of jobs in the food/agricultural retail or supply chain.

  • Projects involving capacity building of small and mid-scale food and agricultural operations to access strengthened market channels

  • Projects involving capacity building in the regional food supply chain networks for food safe storage/aggregation, distribution and transportation.

  • Projects implementing regenerative practices

The Healthy Food Financing Fund FY24 grant cycle has now closed


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