About The Grant

The Healthy Food Financing Fund (HFFF) is designed to support food and agricultural enterprises in New Mexico that grow, raise, process, distribute, and sell local, fresh, and healthy food. The program focuses on expanding retail and institutional market channels, particularly in rural and underserved communities. With a total of $250,000 available for FY25, the grant provides upfront funding with no matching requirement, making it an accessible opportunity for a wide range of eligible entities.

Priority is given to projects that increase access to healthy food in historically under-resourced communities, support workforce development, strengthen market access for small and mid-scale food operations, and promote regenerative agricultural practices. Eligible entities include for-profit businesses, nonprofit organizations, cooperatively owned businesses, political subdivisions, and small farmers or ranchers with annual incomes under $250,000. Applications for the FY25 grant cycle open on October 16, 2024, and close on November 13, 2024, at 11:59 PM MST.

Important Details

• Application Deadline: 11/13/2024 at 11:59 PM MST
• Link to Application: Healthy Food Financing Fund Application
• Donor Name: New Mexico Economic Development Department
• State(s): New Mexico
• Grant Duration: Duration not mentioned
• Grant Amount: $250,000 total available for FY25
• Qualification Criteria:
  • Eligible entities include political subdivisions, Tribes, for-profit businesses, nonprofits, cooperatives, and small farmers/ranchers with income under $250,000
  • Applicants must focus on projects related to food retail, processing, distribution, or New Mexico Grown production
  • Project costs can include predevelopment, facility development, equipment, and marketing
  • Ineligible costs include staffing, payroll, real estate, and charitable food projects

Taking Action

Don’t miss the opportunity to apply for the Healthy Food Financing Fund (HFFF) and support your food or agricultural enterprise. With the application deadline of November 13, 2024, it’s crucial to act quickly and prepare your application. Share this grant opportunity with other Latino businesses in New Mexico to help strengthen local food systems and community health.