Section 41-23-150 Short title; purpose. (a) This article shall be known as the Healthy Food Financing Act. (b) The purpose of this article is to establish a statewide program to increase the availability of fresh and nutritious food, including fruits and vegetables, in underserved communities by providing financing for retailers to open, renovate, or expand […]
Section 41-23-151 Definitions. For the purposes of this article, the following words have the following meanings: (1) DEPARTMENT. The Alabama Department of Economic and Community Affairs. (2) FINANCING. Loans or grants. (3) GROCERY STORE. A for-profit or nonprofit self-service retail establishment that primarily sells meat, seafood, fruits, vegetables, dairy products, dry groceries, household products, and […]
Section 41-23-152 Healthy Food Financing Fund. There is established the Healthy Food Financing Fund, which shall be comprised of federal, state, or private grants or loans, federal tax credits, or other type of financial assistance, for the construction or expansion of grocery stores to expand access to fresh produce and other nutritious foods in underserved […]
Section 41-23-153 Establishment and administration of financing program. (a) The department, in cooperation with public and private sector partners, shall establish a financing program to provide financing to retailers to construct, rehabilitate, or expand grocery stores in underserved communities in urban and rural low and moderate income areas. (b) The department may contract with one […]
