Summary: H.R.2343 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.2343. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/12/2013)

Healthy Food Financing Initiative - Amends the Department of Agriculture Reorganization Act of 1994 to direct the Secretary of Agriculture (USDA) to establish an initiative to improve access to healthy foods in underserved areas, create and preserve quality jobs, and revitalize low-income communities by providing loans and grants to eligible fresh food retailers to overcome the higher costs and initial entry barriers in underserved areas.

Provides that funds shall be used to: (1) create revolving loan pools of capital and provide grants to finance eligible projects or partnerships, and (2) provide technical assistance and limited administrative expenses.

Requires projects to accept SNAP (formerly known as food stamps) benefits.