Food Systems Finance Resource Center
Food systems are an important driver for local economic development and the financing sources needed to support those systems are vast. Communities throughout the country are financing their food system with various innovative strategies to support local markets, first time farmers, new food enterprises, and neighborhoods lacking access to fresh foods.
The CDFA Food Systems Finance Resource Center outlines development finance tools that can be used to support local food systems, such as bonds, tax increment finance, tax credits, revolving loan funds, and other tools. Traditional development finance tools provide necessary capital for establishing food industry participants, supporting local farming, investing in agriculture infrastructure, financing food scarcity challenges, and starting small food-related businesses. A variety of innovative approaches and creative programs have been employed by development finance agencies to support food systems financing, which can be accessed in the resources provide below.
CDFA sees the potential for the broadly defined food system to become a desired and performance driven asset class. With funding from the W.K. Kellogg Foundation, CDFA is researching how development finance agencies can become more engaged in developing localized food systems through traditional finance approaches. The premise of this initiative is to suggest and then prove that, if organized and defined properly, the food system can become a defined asset class worthy of traditional investment. As part of this initiative, CDFA is currently producing six in-depth white papers that define traditional development finance tools and explain how they can be applied to agri-food businesses, featuring an abundance of case studies.
Learn more about CDFA's initiative to define the food system as an asset class
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-Defining the Food System as an Asset Class
CDFA is producing six in-depth white papers defining how traditional development finance tools can be used to demonstrate the viability of the food system as an asset class. The first white paper is an overview of development finance with an explanation of why and how these tools can be applied to the food system. The next four white papers will provide an extensive description of development finance tools that can be employed for food-related projects – access to capital, bedrock tools, targeted tools, and investment tools – alongside comprehensive case studies that successfully utilize each of these tools. The final white paper will conceptualize the future possibilities of the food system financing landscape.
Learn more about CDFA's initiative to define the food system as an asset class
CDFA Food Finance White Paper Series: Advancing Food Systems Through Development Finance
This is the sixth and final white paper in a series examining the potential creation of a food systems asset class that supports the market growth of local and regional food systems. This paper presents three replicable strategies for restoring local food systems: reframe food systems development as infrastructure and economic development; build effective relationships and partnerships across the entire food system; and plan for strategic food system financing.
CDFA Food Finance White Paper Series: Food Systems & Targeted Tools
This white paper is part of a series examining the potential creation of a food systems asset class which supports the market growth of local and regional food systems. This paper focuses specifically on targeted financing tools that can be used to geographically target local and regional food system developments.
CDFA Food Finance White Paper Series: Food Systems & Bonds
Researched and written by CDFA, this is the third white paper in a series examining the potential creation of a food systems asset class that supports the market growth of local and regional food systems. This paper focuses specifically on bond financing, which CDFA considers a ‘bedrock tool’ for the historic and foundational role bonds have played in public financing.
CDFA Food Finance White Paper Series: Food Systems & Access to Capital
Research and written by CDFA, this white paper is part of a series examining the potential creation of a food systems asset class which supports the market growth of local and regional food systems which meet the economic, social, environmental, and cultural needs of communities throughout the country. This paper focuses specifically on financing that provides access to capital, outlining this category of tools and demonstrating how they can be utilized for various types of food-related endeavors.
CDFA Food Finance White Paper Series: Food Systems & Development Finance
Many food-related initiatives, projects, and businesses have lacked sufficient resources and financing for economic and community development, largely because the food system as a whole has not been formally defined as an asset class. As the first part of a series, CDFA makes the case for a clear definition of the food system that directs development finance to food-related activity.
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-Resources
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-Agriculture Finance Resources
CDFA Food Systems Finance Webinar Series: Sustaining Food and Farm Investment Amid Federal Funding Shifts
During this installment of the CDFA Food Systems Finance Webinar Series, we explore how food systems projects can remain viable and impactful amidst shifting federal priorities and how practitioners across sectors continue building creative financial frameworks to move their work forward. Speakers share lessons learned and strategies for structuring capital stacks, leveraging remaining federal tools, and identifying flexible sources of financing that support food and farm entrepreneurs.
CDFA: Bipartisan Plan Would Support Manufacturers, First-Time Farmers
As the nation prepares to celebrate Manufacturing Day and National Farmer’s Day, CDFA is again urging federal policymakers to pass the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA), which would enact bond financing reform for first-time farmers and smaller manufacturers. In an editorial, CDFA President and CEO Toby Rittner writes that the reforms proposed by MAMBA are especially important to underserved communities, including much of rural America. Rittner calls MAMBA a “smart, bipartisan plan.”
Financing for Regenerative AgricultureMembers only 
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Production methods such as regenerative agriculture are associated with climate adaptation and resilience. Such methods offer the best path forward to preserving long-term viability of an industry that is foundational to basic societal needs. From a financier’s perspective, regenerative agriculture provides a way to maintain the commercial opportunity in agriculture via adaptation to changing climate conditions. By investing in regenerative agriculture now, financiers can proactively adapt food and agricultural value chain investments to changing climate conditions and take advantage of potential opportunities in transition investing.
National Strategy for Reducing Food Loss and Waste and Recycling OrganicsMembers only Login
The Strategy will help the U.S. meet its National Food Loss and Waste Reduction Goal, to halve food loss and waste by 2030 and contribute to achieving the National Recycling Goal to achieve a 50% recycling rate by 2030, as well as contribute to the global achievement of the United Nations SDG Target. These efforts are part of the Administration’s whole-of-government methane strategy—including actions to cut emissions from landfills and food waste, agriculture, the oil and gas sector, abandoned mines, and other major sources, while improving measurement and monitoring—to fulfill the Global Methane Pledge, which aims to reduce anthropogenic methane emissions by at least 30% by 2030 from 2020 levels.
View more Agriculture Finance Resources
-Food Systems Finance Resources
CDFA Food Systems Finance Webinar Series: Sustaining Food and Farm Investment Amid Federal Funding Shifts
During this installment of the CDFA Food Systems Finance Webinar Series, we explore how food systems projects can remain viable and impactful amidst shifting federal priorities and how practitioners across sectors continue building creative financial frameworks to move their work forward. Speakers share lessons learned and strategies for structuring capital stacks, leveraging remaining federal tools, and identifying flexible sources of financing that support food and farm entrepreneurs.
CDFA Food Systems Finance Webinar Series: Navigating Access to Capital Networks in the Food System
During this installment of the CDFA Food Systems Finance Webinar Series, we explore key networks providing essential funding and resources to support the growth of businesses and projects across the food system. From farmers and food processors to food hubs, learn how these networks are unlocking financial resources, fostering partnerships, and driving transformative change by increasing capital access. Gain insights into strategies that help food system entrepreneurs tap into these networks for sustainable growth and innovation.
CDFA Food Systems Finance Webinar Series: Reframe, Build, Plan to Advance Food Systems Finance
During this installment of the CDFA Food Systems Finance Webinar Series, CDFA presents this customizable Reframe, Build, and Plan framework and illustrates how it can expand financing and drive capital into local food systems. Speakers explore how this strategy can help focus resources toward socially disadvantaged farmers, ranchers, and small business owners across the food system.
View more Food Systems Finance Resources
-Food Financing Programs
Black Farmer Fund Annual Report 2021Members only Login
Challenged by the historically discriminatory lending practices that inform the lack of diversity and equity in our current agricultural landscape, the mission of Black Farmer Fund is to nurture Black community wealth & health by investing capital in Black agricultural systems in the Northeast.
CDFA Food Systems Finance Best Practices Guidebook
Linking development finance and food systems can be a daunting undertaking for any community. Research on the current ecosystem of food systems finance has positioned CDFA to identify key strategies for the path ahead in this work. The Food Systems Finance Best Practices Guidebook defines how traditional development finance tools can be used to launch and expand food and agricultural-related businesses and projects, and create successful food systems finance programs at the local and regional levels.
Investing in Regenerative Agriculture Infrastructure Across Value ChainsMembers only Login
Regenerative farms rely on small-to-mid scale, aligned infrastructure to process, transport, and market their products. These middle infrastructure businesses help to improve farm income and bolster regional food economies while providing significant social and environmental benefits. However, their unique business models require innovative and patient forms of capital to grow and succeed. This report identifies finance opportunities and pathways to build resilient value chains for regenerative farms.
Debunking Risk in Food System Lending
Food and agriculture-related businesses are often perceived as too risky for traditional lending approaches, yet CDFA research tells a different story. This report, with loan-level data from over a thousand funds nationwide, demonstrates that food system loans perform and that revolving loan funds can successfully support local food system borrowers in their communities.
View more Food System Financing Program Resources
-Programs Map
Search the map below to find food financing programs by state. This specialized search is part of
CDFA's State Financing Program Directory, the only online resource cataloging the development finance programs offered by state governments. Click on a state to see a sample of food financing programs available. Login with a CDFA Member account at the top of the page to view full results.
-Case Studies
Your Guide to Organic and Organic Related USDA Programs Members only Login
This Organic Resource Guide provides an overview of the United States Department of Agriculture (USDA) programs and services available to the public that either directly or indirectly support organic agriculture. Some programs have the specific purpose of assisting organic farmers, ranchers, and handlers, while others may be of interest to a variety of individuals, including those in the organic industry.
CDFA Food Systems Finance Best Practices Guidebook
Linking development finance and food systems can be a daunting undertaking for any community. Research on the current ecosystem of food systems finance has positioned CDFA to identify key strategies for the path ahead in this work. The Food Systems Finance Best Practices Guidebook defines how traditional development finance tools can be used to launch and expand food and agricultural-related businesses and projects, and create successful food systems finance programs at the local and regional levels.
Investing in Regenerative Agriculture Infrastructure Across Value ChainsMembers only Login
Regenerative farms rely on small-to-mid scale, aligned infrastructure to process, transport, and market their products. These middle infrastructure businesses help to improve farm income and bolster regional food economies while providing significant social and environmental benefits. However, their unique business models require innovative and patient forms of capital to grow and succeed. This report identifies finance opportunities and pathways to build resilient value chains for regenerative farms.
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-Headlines
-Publications
Practitioner's Guide to Economic Development Finance
The Practitioner's Guide to Economic Development Finance 2nd Edition is the only comprehensive resource dedicated to building and utilizing the development finance toolbox. The Practitioner's Guide provides the insight and practical information needed to critically understand how economic development is financed and the tools, strategies and techniques used to build strong communities. From bonds, tax increment finance and special districts to tax credits, seed & venture capital, revolving loan funds and much more, this Guide outlines the financing tools required for succeeding in today's competitive economic development climate.
Unlocking Capital: A Handbook for Becoming a High Performing Development Finance Agency
Unlocking Capital: A Handbook for Becoming a High Performing Development Finance Agency (Handbook) serves as a companion to the Practitioner’s Guide to help illuminate the structures of development finance agencies (DFAs), essential conduits to access development finance tools. The Handbook provides an overview of DFAs and their myriad roles in various development efforts. Included in this discussion is a comprehensive look at over a dozen high-performing DFAs throughout the country. The Handbook is designed to be a starting point for local leaders to engage in the creation or acceleration of a DFA to build and utilize the development finance toolbox.
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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.
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-Webcasts
CDFA Food Systems Finance Webinar Series: Sustaining Food and Farm Investment Amid Federal Funding Shifts
During this installment of the CDFA Food Systems Finance Webinar Series, we explore how food systems projects can remain viable and impactful amidst shifting federal priorities and how practitioners across sectors continue building creative financial frameworks to move their work forward. Speakers share lessons learned and strategies for structuring capital stacks, leveraging remaining federal tools, and identifying flexible sources of financing that support food and farm entrepreneurs.
CDFA Food Systems Finance Webinar Series: Navigating Access to Capital Networks in the Food System
During this installment of the CDFA Food Systems Finance Webinar Series, we explore key networks providing essential funding and resources to support the growth of businesses and projects across the food system. From farmers and food processors to food hubs, learn how these networks are unlocking financial resources, fostering partnerships, and driving transformative change by increasing capital access. Gain insights into strategies that help food system entrepreneurs tap into these networks for sustainable growth and innovation.
CDFA Food Systems Finance Webinar Series: Reframe, Build, Plan to Advance Food Systems Finance
During this installment of the CDFA Food Systems Finance Webinar Series, CDFA presents this customizable Reframe, Build, and Plan framework and illustrates how it can expand financing and drive capital into local food systems. Speakers explore how this strategy can help focus resources toward socially disadvantaged farmers, ranchers, and small business owners across the food system.
CDFA Food Systems Finance Webinar Series: Financing Food Systems with Revolving Loan Funds
During this installment of the CDFA Food Systems Finance Webinar Series, panelists discuss how revolving loan funds can be used to support small businesses, entrepreneurs, and microenterprises to strengthen local and regional food systems. The discussion also identifies how these tools can help unlock affordable capital for socially disadvantaged farmers and ranchers.
CDFA Food Systems Finance Webinar Series: Restoring Local Food Systems Through Finance
During this installment of the CDFA Food Systems Finance Webinar Series, we illustrate the Reframe, Build, Plan framework of critical success factors that are needed to expand financing and drive capital into local food systems. Speakers discuss how this strategy can be used to focus resources toward socially disadvantaged farmers, ranchers, and small business owners in the food system.