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Food Deserts Act

Source: Congress.gov  ·  2,022 words in original text
This bill directs the Secretary of Agriculture to create a grant program that gives money to states. States then use this money to set up revolving funds (money accounts that get refilled as loans are repaid) to help establish and operate grocery stores in underserved communities (areas without enough access to fresh food). ##
- States that apply for and receive grants - Grocery store owners and operators in underserved communities - Communities without adequate grocery store access - The Secretary of Agriculture - Nonprofit organizations and municipally owned stores (government-owned stores) ##
- The Secretary of Agriculture must establish a program to provide capitalization grants (startup funding) to states for revolving funds that support grocery stores in underserved communities (Sec. 2(a)) - Money from revolving funds can be loaned to open new grocery stores (except through new construction), support existing stores, provide access to healthy food, or help keep a store operating in a community that would otherwise be underserved (Sec. 2(c)) - Eligible grocery stores must emphasize unprocessed, healthful foods and provide a variety of raw fruits, vegetables and staple foods, and must charge affordable prices at or below market value (Sec. 2(d)(1)) - Loans must be made at or below market interest rates and can be interest-free for up to 30 years or the projected useful life of the project, whichever is less (Sec. 2(f)(2)) - States must match no less than 20 percent of each loan with non-federal funds (Sec. 2(d)(1)(H)) - A state can provide no more than 10 percent of its annual available fund balance to any single borrower in one fiscal year (Sec. 2(f)(4)) - The Secretary must provide technical assistance to program participants on food sourcing, storage and operational requirements (Sec. 2(h)) - Capitalization grants must be distributed to states based on the ratio of their underserved population to the total underserved population across all eligible states (Sec. 3(c)) ##
If this becomes law, states can apply for federal grants to create revolving loan funds specifically designed to help establish and operate grocery stores in areas that lack adequate food access. Grocery store operators in these communities would gain access to loans with affordable rates (potentially interest-free) to open or improve stores. Communities without adequate grocery stores would have a new pathway to develop local grocery access. ##
- **Capitalization grant**: Money given to a state to fund the revolving loan program - **Healthful food**: Food that follows the most recent Dietary Guidelines for Americans - **Grocery store**: A retail store that makes most of its money from selling food for people to prepare and eat at home - **Program**: The grocery store grant program described in the bill - **Program participant**: Any organization that receives a loan under this program - **Revolving fund**: A money account set up by a state to hold grants and loan repayments - **Secretary**: The Secretary of Agriculture - **Staple food**: Not specified in bill text (defined elsewhere in existing federal law) - **State**: States of the Union, District of Columbia, Puerto Rico, Virgin Islands, Guam, American Samoa and Northern Mariana Islands - **Underserved community**: Not specified in bill text (defined elsewhere in existing federal law) ##
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.