Millions in Aid: Bringing Fresh Food to Boulder’s Heart
In a transformative effort to enhance food accessibility in Boulder County, a significant pool of millions in funding is now available for local food growers and retailers. This initiative aims to widen the reach of fresh produce to underserved communities, making nutritious options accessible to all.
The Power of the Community Food Access Program
The Colorado Department of Agriculture has rolled out its Community Food Access Program, which allocates an impressive $10 million annually in tax credits. This funding supports growers and sellers who cater to areas facing food insecurity, covering 75% of the costs associated with essential equipment. This includes everything from refrigeration units and trucks to irrigation systems and meat slicers.
Bridging the Gap: Local Organizations at Work
Local organizations like the Boulder and Broomfield Food Security Network (BBFSN) are pivotal in this initiative, working tirelessly to educate eligible businesses about the application process. Erika Wey, a technical assistance provider with BBFSN, notes, “I’ve helped several local operators submit applications, primarily focused on refrigeration equipment.” With still ample funds available, there’s a significant opportunity for businesses to invest in improved infrastructure, ensuring that residents have access to fresh, healthy choices.
Understanding Low-Access Areas
Surprisingly, much of incorporated Boulder and Longmont falls within areas designated as low-access according to program mapping. These designations factor in household income in relation to the area median as well as proximity to grocery stores. However, it’s essential to note that businesses don’t need to be located in these areas to qualify; they simply need to serve customers residing there. Notably, any vendor accepting SNAP benefits (food stamps) is automatically eligible.
Wey emphasizes, “If a farmer or farm stand accepts SNAP, they qualify! They just need to share their sales stories through SNAP.” This inclusivity ensures that a diverse range of local producers can participate.
Evolving Support for Local Businesses
Originally launched as a grant initiative in 2022, the program has since evolved into this lucrative tax credit system, with $10 million earmarked each year until 2030. As a testament to its novelty, last year saw only approximately $500,000 in applications, leaving many funds untapped. With unclaimed funds rolling over, businesses are encouraged to take advantage of the full financial support available.
The incentive extends to retroactive applications for expenses from 2024, emphasizing that applicants can reclaim 75% of their costs, regardless of the amount they spent.
Spotlight on Success: Switch Gears Farm
At Switch Gears Farm in Longmont, co-founder Vanita Patel highlights how the program enabled them to invest in critical equipment, including a tractor and essential attachments to enhance efficiency. “The more efficient we can be in the fields,” Patel elaborates, “the more we save on operation costs, directly benefiting our communities.” Their strategic application showcases how improved farm operations can lower produce costs and increase local supply.
Switch Gears Farm at the Lafayette Farmers Market, using state tax credits to boost farm efficiency and output. Credit: Gabe Toth
Connecting Growers and Retailers
Wey’s role goes beyond just helping businesses apply; she also facilitates connections between local producers and retailers wanting to purchase local foods. The ease of communication allows for pre-approval on purchases, streamlining the process. Notably, while retailer interest is currently high, many farmers face upfront funding challenges. To counter this, the state is working to identify lenders willing to provide low- or no-interest loans backed by expected tax credits.
A Call to Action: Seize the Opportunity
With funding still available and the application process simplified, Wey encourages businesses to apply promptly, emphasizing that “it’s easier to secure the tax credit now before the program gains wider attention.” The current review process is non-competitive, making it a favorable time for applicants.
Don’t miss your chance to be a part of this game-changing initiative! For more information or assistance with applications, reach out at [email protected].
Take the Next Step
Ready to enhance your business and provide fresh food to your community? Check your eligibility and seize this opportunity now!
