Vida Mejor Capital Inc

Healthy food financing fund (hfff): vida mejor capital is a state fund administrator for the new mexico economic development department hfff. This program serves to increase access to food for historically under-resourced communities, address workforce development challenges through the creation and retention of jobs in the agricultural and food supply chain, strengthen and diversify in-state market channels access for small and mid-scale food and agricultural operations, advance food safe storage and transportation, and support producers in the implementation of regenerative agricultural practices. In fiscal year 24 vida mejor capital in collaboration with the new mexico economic development departments hfff were able to fund 20 businesses with $950,000 to acheive those goals. Funding increased by $440,000 for a 86% increase year over year and an additional 7 businesses. Improving the condiiton of nm food deserts and access to food.

Healthy food financing initiative (hffi) - vmc is a partner in the usda program which serves underserved communities in accessing healthy and fresh food. Initial launch phase of the program at vmc began in fy2024 and will continue into fy25 when the first impacts will become available.