releases: http://stivers.house.gov/news/documentsingle.aspx?DocumentID=399156
Data license: MIT · Data source: dwillis/congress-press
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| http://stivers.house.gov/news/documentsingle.aspx?DocumentID=399156 | Healthy Food for Ohio Funds Vinton County Grocery Store | 2016-12-14 | 2016 | 2016-12 | Republican | House | OH | Steve Stivers | S001187 | stivers.house.gov | legacy | Healthy Food for Ohio Funds Vinton County Grocery Store Finance Fund Press Release f t # e Washington, December 14, 2016 Columbus, OH -- Finance Fund Capital Corporation (FCAP) has funded a $1.58 million Healthy Food for Ohio financing package for Campbell’s Market to build a 12,000 sq. ft. fresh food grocery at 636-698 W. Main Street in McArthur. The much-anticipated deal follows a three-year public-private effort to recruit a fresh food grocer to operate in rural Vinton County, which is home to approximately 13,000 residents. Other funding sources for Campbell’s Market in McArthur includes a $50,000 grant from Vinton County. share: f t Columbus, OH -- Finance Fund Capital Corporation (FCAP) has funded a $1.58 million Healthy Food for Ohio financing package for Campbell’s Market to build a 12,000 sq. ft. fresh food grocery at 636-698 W. Main Street in McArthur. The much-anticipated deal follows a three-year public-private effort to recruit a fresh food grocer to operate in rural Vinton County, which is home to approximately 13,000 residents. Other funding sources for Campbell’s Market in McArthur includes a $50,000 grant from Vinton County. The Campbell family has been in the grocery business for more than 85 years. Rick Campbell, proprietor, has over 40 years of experience owning and managing two other rural grocery stores: Campbell’s Foodland in Zanesville, OH and Campbell’s Market in Duncan Falls, OH - both of which are still open today. Those stores, which are located 1.5 hours from McArthur, are similar in size to the planned store in Vinton County. Vinton County has not had a grocery store since 2013, when the SuperValu was sold to Dollar General, which does not carry fresh food. The closest grocery store has been over 10 miles away. “One of our biggest challenges was determining if the trade area could support ongoing operations of a locally owned grocery store,” Campbell said. “Thanks to Vinton County’s market study, we are convinced that the McArthur store can be successful if community residents commit to shopping there regularly.” Campbell’s Market is expected to break ground in McArthur in March 2017 and open for business by August that year. It will offer fresh produce, meats, dairy, frozen and shelf stable items and accept SNAP and WIC food assistance benefits. “Financing for Campbell’s Market in McArthur simply wouldn’t have been possible without the coordination of federal, state and private funding through the Healthy Food for Ohio program and Finance Fund,” said Congressman Steve Stivers. “Everyone brought something to the table in order to recruit an outstanding local grocer in Rick Campbell, and I have been pleased to work with Rep. Ryan Smith and local officials on the shared goal of bringing back fresh food and jobs critical to the health and prosperity of rural Vinton County.” A local McArthur resident will be hired to run the day-to-day store operations. Plans call for hiring up to 15 full-time and 15 part-time employees from the local community. Campbell’s other grocery stores source their food from Associated Wholesale Grocers (AWG), which will be the wholesaler for the new McArthur store as well. “I am very thankful this vitally important project was able to come to fruition,” said Ohio House Finance Committee Chairman Rep. Ryan Smith. FCAP launched the Healthy Food for Ohio program in March 2016 as a public-private partnership. HFFO provides flexible financing to help grocers and other fresh food retailers such as Campbell’s Market in McArthur start up or expand operations in disadvantaged rural and urban communities that lack access to healthy affordable food. To date, HFFO has provided flexible financing to 5 healthy food retail projects in rural and urban areas throughout the state serving approximately 32,238 people with fresh, affordable food, creating an estimated 117 FTEs, 28 construction jobs, and creating or expanding 67,930 sq. ft. of retail space. “Each of FCAP’s Healthy Food for Ohio projects is special, but Campbell’s Market in McArthur is particularly significant due to the tremendous, concerted effort behind this project’s realization,” said FCAP President and CEO Diana Turoff. “Campbell’s Market represents what HFFO is all about – providing funding to help fresh food grocers open or expand operations in disadvantaged and underserved rural and urban areas. It’s a great example of what’s possible when highly committed people mobilize to overcome obstacles and realize a shared vision for a healthier community. We are grateful to the state of Ohio and the Ohio Department of Job and Family Services for coming alongside FCAP to make HFFO possible.” “Grocery stores are fundamental to improving the quality of life and attracting business and jobs to disadvantaged communities,” said Ohio Sen. Bob Peterson. “Grocers such as Campbell’s Market provide entry level jobs with flexible hours for community residents and serve as economic anchors that attract neighboring development. Grocery stores also contribute to the tax base and increase property values. Clearly, grocery development through FCAP and its Healthy Food for Ohio program is a key driver of economic and community health for Vinton County and many other communities where HFFO funding is making healthy food access possible.” About Finance Fund Capital Corporation (FCAP) www.financefund.org Finance Fund Capital Corporation (FCAP), is a nonprofit certified Community Development Financial Institution that provides flexible and affordable financing options for nonprofit and for-profit clients on projects that build assets, create jobs and provide access to needed goods and services. FCAP’s financial products include the Small Business Loan Fund which includes the Healthy Food for Ohio program, and the Community Health Loan Fund. FCAP made its first loan in 2006, and has leveraged $57.7 million on an investment of $27.8 million to 59 borrowers. f t # e | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |