Each year, the Akron-Canton Regional Foodbank provides millions of meals to families within its 8-county service area in Northeast Ohio. With many families still facing food insecurity, however, it became clear that a second facility was needed to expand capacity. DFWR allocated $6.5 million in New Markets Tax Credits to this project along with Capital One, the NMTC Investor, who provided an additional $1 million of allocation; the Foodbank funded the remainder of the cost through its capital campaign donations and reserves.
At the time of investment, approximately 200,000 people (1 of every 7) in the Foodbank’s service area are food insecure, with about 70% of residents surrounding the project’s census tract in Canton eligible to receive food assistance benefits. DFWR’s financial support enabled construction to begin on this new distribution hub, which will provide over 14,000 square feet of food storage and processing space and feature a volunteer center, pantry, marketplace, teaching kitchen, and a unique community collaborative area for network partners.
The Foodbank has been a community leader in Northeast Ohio since 1982; the Stark facility will ultimately make food more accessible for its network partners and families alike, and enable to Foodbank its continue their mission of empowering people to experience healthy and hunger-free lives.