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CDFA Food and Agriculture Finance Update - September 9, 2025

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CDFA Food and Agriculture Finance Update
September 9, 2025
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CDFA Food & Agriculture Finance Update

Features

New York Farmers Boost Infrastructure with $8.5M in State Grants
New York State has awarded $8.5 million in grants to 69 farms, food processors, and distributors across regions, including Central New York, the Mohawk Valley, Southern Tier, and the North Country. These awards are part of the New York State Grown & Certified Infrastructure, Technology, Research and Development (ITRD) grant program, aimed at helping agricultural operations enhance infrastructure and adopt "state-of-the-art practices" to improve efficiency and competitiveness. The funding supports investments in equipment upgrades, facility improvements, and technology innovations—key components for strengthening the middle of the supply chain and boosting business resilience. This presents a compelling example of effective public capital deployment to modernize agri-food systems. Community development stakeholders should take note of how such targeted, regionally distributed grants can amplify local capacity, spur economic activity, and reinforce food system infrastructure.

Reno, NV Farmers Lose $3M in USDA Support as Food Business Center Closes Early
Farmers in Reno, Nevada—and across the state—are set to lose access to approximately $3 million in federal funding following the abrupt shutdown of the Southwestern Regional Food Business Center, which will cease operations this month instead of its originally planned 2028 end date. This USDA-supported center, part of a broader initiative to assist small- to mid-size food and farm businesses across multiple western states, had distributed only a fraction of its allocated grants—around $1.6 million—before its premature closure. The USDA leadership cited the lack of a sustainable, long-term financing model for these centers as a key reason for the termination. Over its two years of operation, the center had served 170 small to mid-sized businesses in Nevada, many of which are predominantly family-owned operations reliant on consistent federal support.

Federal Funding Collapse Disrupts School–Grower Food Partnerships
A pair of USDA-backed pandemic-era programs—the Local Food for Schools (LFS) and Local Food Purchase Assistance (LFPA)—that enabled schools and food banks to source fresh produce directly from farmers have been canceled in 2025, leaving a significant void in institutional purchasing networks. These programs previously injected over $1 billion nationwide into local food systems and provided vital market access for small and mid-sized producers. In Iowa, for instance, farmers and institutions lost an estimated $11.3 million in expected funding, and many producers had already oriented their operations around the continuation of LFS and LFPA. Growers and food hubs report that these programs had built momentum in regional aggregation and purchasing power, which is now at risk of unraveling—even state-level pilot programs such as "Choose Iowa" struggle to match the scale of federal investment.

Soda Tax Funds $1.75M in Grants for Community-Led Food Equity Projects in Seattle, WA
The Seattle Department of Neighborhoods is awarding $1.75 million from its Food Equity Fund, financed through the city's Sweetened Beverage Tax, to 18 grassroots initiatives focused on food justice and access. Grants will support urban gardening, culturally relevant food distribution, youth and senior nutrition programs, and Indigenous-led food sovereignty efforts. For development finance professionals, the program demonstrates how dedicated municipal revenue streams can be leveraged to fund high-impact, community-driven health and food access projects.

Wilmington, CA—Marathon Petroleum Nourishes Community Growth at Heart of the Harbor Urban Farm
Marathon Petroleum's Los Angeles refinery deepened its roots in community development by supporting the Heart of the Harbor Community Farm in Wilmington—a vibrant urban agricultural space managed by SBCC Thrive LA. Since its opening in 2022, the 55,000-square-foot farm has grown into a welcoming hub offering raised beds, gardening supplies, food giveaways, cooking classes, yoga, and wellness education—helping families address food insecurity while fostering connection and healing. Local refinery employees have played a key role through consistent funding and hands-on volunteering, reinforcing the farm as both an environmental asset and a community lifeline. This initiative offers a compelling model illustrating how strategic corporate-community partnerships can activate underutilized urban land, strengthen social infrastructure, and expand food access with measurable well-being benefits.

Upcoming Events
CDFA-TEDC Webinar: Strategic Bond Financing for Communities

CDFA Food Systems Finance Webinar Series: Unlocking Local Capital: The Power of a Food-Focused Loan Guarantee
September 30, 2025 - 2:00 PM - 3:30 PM Eastern
During this installment of the CDFA Food Systems Finance Webinar Series, we will explore how a dedicated guarantee can transform regional food economies and expand equitable access to financing. Join us for this national webinar introducing an innovative loan guarantee program designed specifically to unlock financing for food and farm businesses.

CDFA National Development Finance Summit
October 8-10, 2025 - San Juan, PR
We are presently working to build an incredible agenda and line-up of speakers. Stay tuned for those details! Programming will get kicked off with an evening reception on Wednesday, October 8th and will run through 12 PM Eastern Friday, October 10th.

CDFA Food Systems Finance Webinar Series: Evaluating Success: Exploring Key Partnerships and Frameworks for Food Systems Financing
November 25, 22025 - 2:00 PM - 3:30 PM Eastern
During this final session of the 2025 CDFA Food Systems Finance Webinar Series, we'll explore how to navigate the complexities of combining multiple funding sources into a holistic financial model. We'll highlight the key players, networks, and frameworks in structuring successful food system financing deals, while discussing how partnership strategies can secure funding, mitigate risk, and maximize impact. Whether you're an entrepreneur or an investor, this session will provide the tools and insights to evaluate, assess, and build sustainable funding strategies for food system projects.

Food & Agriculture Finance News

Indianapolis Urban Farmer Scrambles As Farm Bill Expires
WRTV Indianapolis | Sep. 4 | Access to Capital | Agriculture Finance | Community Development | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

San Francisco, CA AgTech Startup Orchard Robotics Secures $22M to Build the AI Farmer
Business Wire | Sep. 3 | Access to Capital | Agriculture Finance | Food Systems Finance

U.S. Farm Income Soars—But So Do Production Pressures
Brownfield | Sep. 3 | Access to Capital | Agriculture Finance | Food Systems Finance

U.S. Farm Tariffs Shrink Trade Deficit—But Farmers Face Cost Pressures
AgAmerica | Sep. 3 | Access to Capital | Agriculture Finance | Food Systems Finance

Vermont Economic Development Authority Disaster Recovery Loan Fund Launches
Morning AgClips | Sep. 2 | Agriculture Finance | Disaster Recovery & Relief | Revolving Loan Funds (RLFs)

U.S. Food Industry Holds Firm During Downturn—Target Resilient Segments & Logistics Infrastructure
AInvest | Aug. 30 | Access to Capital | Agriculture Finance | Food Systems Finance | Resiliency

Stauffer's Butcher Barn in St. Mary's County Awarded SOMD Livestock Processing RLF
Southern Maryland News Net | Aug. 25 | Agriculture Finance | Revolving Loan Funds (RLFs)

Danville, Virginia—AeroFarms Refis Debt, Scores Equity for Second Vertical Farm
bluebook | Aug. 15 | Access to Capital | Agriculture Finance | Food Systems Finance | Rural Development

Texas's Capital Farm Credit Delivers $1,000 Grants to Boost Local Farmers Markets
Morning AgClips | Aug. 15 | Access to Capital | Agriculture Finance | Food Systems Finance



The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.


Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

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