9.E.17) Use financing and regulatory tools to bring supermarkets and healthy food outlets to underserved areas

While there are some resources available on a state and local level for new development that can be used to finance the creation of new supermarkets, many are available only for certain types of development, or for development in certain areas – historical buildings, for example – and, as a result, these financing sources do not meet the needs of developers in all places in need of grocery stores.  Even when developers are able to secure the financing they need to open a new store, moving into an underserved neighborhood can be a risky and expensive undertaking.  Providing developers with incentives can help to offset these negatives and make development more appealing. 

17.a    The Massachusetts Office of Business Development should develop an “Urban Supermarket Initiative”

 

Add Comment

Parent Strategy: 
Support Healthy Families
Parent Sub-Strategy: 
E. Ensure access to healthy food
Tags:

Post new comment

The content of this field is kept private and will not be shown publicly.
Please reference the item you are commenting on by number and name.
Spam Filter
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
nine - eight =
Solve this math question and enter the solution with digits. E.g. for "two plus four = ?" enter "6".