KCFC Awarded Grant To Reduce Barriers to Ownership for Low-Income Neighbors

KCFC has been awarded $50,000 by the Penn Treaty Special Services District (PTSSD). This generous grant will help make the benefits of KCFC ownership more accessible to all neighbors in this service district, who may need more flexible terms to afford the $200 membership equity investment.

Through this new program, low-income households will be able to take advantage of the benefits of KCFC ownership, including: in-store discounts, participation in the KCFC Shop Local Program, a vote in major KCFC decisions, and a greater voice in determining what nutritious options are available to their family and the wider community.  

How It Works

The immediate impact of this grant is to help reduce the burden of becoming owners by making repayments more manageable month-to-month. Families who participate will be able to become owners at just $2/month (until fully invested at $200). Each repayment will go back into a revolving fund that will continue support the inclusion of new families over time. More details will be shared in early 2018, so stay tuned!

Why This Program

Food co-ops often are perceived as “only for the rich.” KCFC is committed to changing this narrative and redefining how food co-ops can serve their wider community of neighbors. This Fund will help KCFC drive greater food access and community empowerment from Day 1 of Grand Opening on Coral Street, helping us to create a truly inviting space for our community. Look for the application and FAQ in early 2018!  

PTSSD’s investment supports a longer-term vision for KCFC to ensure that everyone has access to the Co-op’s benefits regardless of income—including community-based programming and enrichment through educational initiatives, workshops, and more to come through the KCFC Community Fund.

Want to get involved?

We are looking for more volunteers to help us spread the word about this program.  Email Mike Richards at gm@kcfc.coop to get involved.

Thank you to The Penn Treaty Special Services District

We generously thank The Penn Treaty Special Services District for their support of this program, and for believing in the broader vision to come from KCFC. 

The Penn Treaty Special Services District (PTSSD) is a nonprofit, private foundation formed by volunteers from the four neighborhoods named in the Community Benefits Agreement (CBA) reached with SugarHouse Casino in 2009. 

Map showing the boundary of Fishtown, Northern Liberties, Old Richmond, and South Kensington

Since its inception, PTSSD has received and distributed a yearly donation from SugarHouse Casino to benefit residents of the four neighborhoods named in the CBA and our Bylaws. The four neighborhoods are:

  • Fishtown
  • Northern Liberties
  • Old Richmond
  • South Kensington

 

 

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