RD892 - Virginia Food Access Investment Fund Annual Report – December 1, 2024
Executive Summary: The purpose of this report is to highlight the activities and accomplishments of the Virginia Food Access Investment Fund (Fund) and Virginia Food Access Investment Program (Program) during fiscal year (FY) 2024, as required by Chapters 956 and 957 of the 2020 Acts of Assembly. Chapters 956 and 957 established the Fund and the Program to combat food inequality through a grant program aimed at encouraging grocery stores and other food retailers to address the issue of food deserts. Chapters 956 and 957 also required the establishment of an Equitable Food Oriented Development (EFOD) stakeholder work group to develop recommendations for design elements for the Program. The third round of grants was awarded from the Fund in spring 2023. As of October 31, 2024, the balance of the Fund was $2,013,955. |