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News May 1, 2024

Reinvestment Fund Issues Statement Praising Senate Farm Bill 

Topic Healthy Food
Geography Multi State

PHILADELPHIA, PA — Reinvestment Fund’s President and CEO, Don Hinkle-Brown, issued the following statement praising Chairwoman Debbie Stabenow for introducing a strong Farm Bill that helps farmers feed our nation, combats the climate crisis, addresses food insecurity, and promotes access to healthy and nutritious food for all Americans.  

We thank Chairwoman Stabenow for her steadfast leadership and for introducing a Farm Bill that prioritizes what Americans need today. We are particularly grateful for the mandatory funding for the Healthy Food Financing Initiative (HFFI) Program. The HFFI Program deploys capital and invests in local capacity to establish and grow partnerships between organizations working at the local, state, or regional level to provide fresh, healthy, and affordable food in underserved communities. These investments help businesses across the food supply chain thrive and deliver location-based solutions.  

“The commitment Chairwoman Stabenow made today will allow the USDA HFFI program to maintain our work across the country and local communities with limited access to healthy food and support efforts to build more resilient food systems for years to come. We look forward to working with the Chairwoman and the entire Senate Agricultural Committee to finalize a farm bill this year.” 

Media Contact: media@reinvestment.com 

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About Reinvestment Fund 

Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. We bring financial and analytical tools to partnerships that work to ensure that people in communities across the country have the opportunities they strive for: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets and how transactions can have the most powerful impact, which has consistently earned us the top Aeris rating of AAA for financial strength and four stars for impact management. Our asset and risk management systems have also earned us an AA- rating from S&P. Since our inception in 1985, Reinvestment Fund has provided over $3.2 billion in financing to strengthen neighborhoods, scale social enterprises, and build resilient communities. 

 

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