News
$125 Million Loan Pool Projected to Generate over 3,000 Jobs and 30 or More Fresh, Healthy Food Outlets in California
May 15, 2012 - Millions of Californians will soon gain better access to fresh, healthy foods closer to home stemming from a new, flexible, and alternative source of funds now available for grocers and other organizations working to expand into low access markets throughout the state. Read More
NCB Capital Impact, http://www.ncbcapitalimpact.org/
First Loan from California FreshWorks Fund Helps Northgate Gonzalez Market Bring Healthy Foods to 119,000 and New Jobs to 122 in City Heights Neighborhood
Apr. 3, 2012 - 119,000 people in the City Heights neighborhood of San Diego, California now have better access to fresh and healthy foods near their homes. The California FreshWorks Fund (CFWF), managed by NCB Capital Impact, disbursed $8.5 million in New Markets Tax Credit financing for tenant improvements and other costs related to the development of a new 42,625 square foot, full-service Northgate Gonzalez Market. The new store also created 122 new jobs. Read More
NCB Capital Impact, http://www.ncbcapitalimpact.org/
Healthy Corner Store Conversion - Request for Proposals
Mar. 26, 2012 - The California FreshWorks Fund (FreshWorks) announces the availability of $1 million in capital to support healthy corner store conversion programs throughout the state of California. Read More
NCB Capital Impact, http://www.ncbcapitalimpact.org/
California FreshWorks Fund Awards First Grant to Help Bring First Full-Service Grocery Store to West Oakland Community
Mar. 7, 2012 - The California FreshWorks Fund (CFWF), administered by NCB Capital Impact, awarded a $25,000 grant to People’s Community Market (PCM) to create a full-service, fresh food grocery store in West Oakland, a neighborhood that has been without a major healthy food retailer for years. PCM’s market will serve a community of more than 20,000 people and create about 35 new jobs, 20 full-time and 15 part-time. Read More
NCB Capital Impact, http://www.ncbcapitalimpact.org
First Lady Michelle Obama visits Inglewood to promote food access
Feb. 1, 2012- First Lady Michelle Obama celebrated the effort to bring fresh food to impoverished neighborhoods during a visit Wednesday to an abandoned warehouse in Inglewood, where a new grocery store is set to open in April. Read More
LA Times, http://latimesblogs.latimes.com/
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