Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part III - Agricultural Finance
Chapter 9 - Healthy Foods Retail Program
Section III-903 - Available Funding

Universal Citation: LA Admin Code III-903

Current through Register Vol. 50, No. 9, September 20, 2024

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: Promulgated in accordance with R.S. 3:296.

Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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