Atlanta Community Food Bank

Industry: Food Bank RDP Investment: $21MM Launched: September 2018

 

RDP partnered with The Reinvestment Fund, Kroger, and PNC Bank to provide the Food Bank $46MM in New Markets Tax Credit Financing to construct and operate a new 350,000 SF warehouse and distribution facility in East Point, GA.

The new facility will allow the Food Bank to double its distribution of food to those in need. The Food Bank is focusing on providing healthy foods to the low-income community and with 70,000 SF of new fridge space, they are expecting to quadruple the amount of fresh produce distributed.

Food insecurity is spread across all demographic groups in ACFB’s service area, but families with children account for more than 60% of the food insecure population and account for 68% of the unmet need.

Working families also make up the majority of the food insecure population. Almost 60% of food insecure households include someone working outside the home and 93% live in permanent housing. The working poor are the new face of hunger in ACFB’s service area.

ACFB Video

RDP Impact

72 new full time employees
168 employees retained
275 construction jobs
900,000 low-income/low-food-access people served annually!

ACFB Goals by Year 2025
-Distribute 115 million meals per year (doubling the current distribution)
-Increase access to healthy foods by sourcing 50 million pounds of fresh produce a year

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