Iowa HF550 establishes a grocer reinvestment program and a local produce processing grant program to support local food economies.

Iowa HF550 creates a grocer reinvestment program and a local produce processing grant program under the economic development authority. The grocer reinvestment program provides financial assistance to eligible grocery stores for capital improvements, utility upgrades, equipment, professional services, and technology. Eligible stores must be located in communities with populations of 20,000 or fewer and not contiguous to a city with a population of 40,000 or greater. The local produce processing grant program awards grants to Iowa-based entities to increase local produce processing.

Iowa HF550 establishes a grocer reinvestment program and a local produce processing grant program to support local food economies.

Iowa HF550 creates a grocer reinvestment program and a local produce processing grant program under the economic development authority. The grocer reinvestment program provides financial assistance to eligible grocery stores for capital improvements, utility upgrades, equipment, professional services, and technology. Eligible stores must be located in communities with populations of 20,000 or fewer and not contiguous to a city with a population of 40,000 or greater. The local produce processing grant program awards grants to Iowa-based entities to increase local produce processing.