Applications for financing will be evaluated and approved on a rolling basis while funds remain available. Reinvestment Fund, Community First Fund, Bridgeway Capital and The Food Trust, will review each application to determine whether the proposed project meets program goals and is financially viable.
Applying for financing from the PA FFFI is a two-step process:
Step One – Pre-Application
Before moving forward with financial evaluation, the applicant must complete a pre-application. The PA FFFI’s partners will use the pre-application to determine whether the proposed project aligns with the PA FFFI’s goals and objectives of serving a low-to moderate-income, underserved community, fitting community needs and preferences, and improving food access. Programmatic guidelines criteria are outlined here. After a pre-application has been received, The Food Trust will schedule a phone call with the applicant, identify and speak to community stakeholders, and conduct additional research. The Food Trust will then submit a thorough guidelines review to the CDFI partners Reinvestment Fund, Community First Fund, and Bridgeway Capital with a recommendation regarding the project’s guidelines. This process will take an estimated 2-4 weeks—thank you for your patience!
To access the pre-application please click here.
Step Two – Application for Loans, Grants, and/or Business Assistance
If a project’s programmatic guidelines are confirmed, the applicant will be invited to submit a full application to receive financing, a grant, and/or business assistance. This application is not available online, but will be sent directly to qualifying applicants.
These applications will begin to be reviewed starting Summer 2019. As described above, we will contact applicants to schedule a phone call after receiving their pre-application, and we will strive to let applicants know whether they are eligible to move forward within 2-4 weeks of receiving the completed pre-application.