TRF Project Profile: Mariposa Food Co-Op

submitted by New Markets Tax Credit Coalition on 12/04/13 1

In 2010, The Reinvestment Fund provided financing to Mariposa Food Co-op to acquire and renovate its new facility in West Philadelphia. This member-owned food cooperative sells fresh produce and educates consumers on the benefits of healthy eating. The new store is five times the size of the former space and offers an expanded selection of locally-produced, organic and conventional products. The facility also includes a community meeting. Mariposa's expansion means a significant transformation for the organization, but also deeper contributions to the local and regional economy. With considerably more space and more customers, Mariposa will be able to expand its product lines and buying power, further supporting regional farmers and distributors of healthy and sustainable food. Since Mariposa Food Co-op is owned and operated by its members, profits will stay in the neighborhood.

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