A. The Healthy Food Retail Program may provide funding on a one-time basis for projects such as:
- 1. new construction of supermarkets and grocery stores;
- 2. store renovations, expansion, and infrastructure upgrades that improve the availability and quality of fresh produce;
- 3. farmers’ markets and public markets, food cooperatives, mobile markets and delivery projects, and distribution projects that enable food retailers in underserved communities to regularly obtain fresh produce; or
- 4. other projects that create or improve healthy food retail outlets as determined by LAFA.
B. Funding made available for projects included in Paragraph A of this Section may be used for the following purposes:
- 1. site acquisition and preparation;
- 2. construction costs;
- 3. equipment and furnishings;
- 4. workforce training;
- 5. security;
- 6. certain pre-development costs, such as market studies and appraisals; and
- 7. working capital for first-time inventory and start-up costs.
C. Applicants shall not use HFRP funding for the following:
- 1. the sole purpose of refinancing existing debt;
- 2. payment of any tax arrearages, government fines, or penalties;
- 3. political or religious activities;
- 4. buying out any stockholder or equity holder in the borrower’s business;
- 5. buying out or reimbursing any family member;
- 6. purchasing instruments or investments for the sole purpose of a return on investment; or
- 7. any other activity that LAFA sees fit.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:296.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Agriculture, Agriculture and Finance Authority, LR 48:295 (February 2022).