Addressing Food Insecurity through NMTC: FCLF and Feeding NE Florida
Florida Community Loan Fund has finalized closing on New Markets Tax Credit (NMTC) financing for Feeding Northeast Florida. FCLF provided $14 million in NMTC allocation for the new $16.1 million facility in Jacksonville that will allow the organization to consolidate and expand services that combat food insecurity. The renovated 120,000 square-foot building will streamline and expand Feeding NE Florida’s food distribution network, which…