Plans come together for Port Huron’s first downtown grocery store in 50 years
“I was in downtown Port Huron over the holidays, and it was like that opening scene from the movie ‘Christmas Story.’ You know, the one with the families downtown and a Christmas parade? I called Michele. I was all choked up. I loved the people. I loved the old buildings. It was idyllic.”
A complicated deal
The Good Food Fund is a partnership between Capital Impact Partners, a 30-year-old Detroit-based nonprofit that helps coordinate complex real-estate transactions in underserved communities, often raising capital through a combination of state, federal and philanthropic sources; the Ann Arbor-based Fair Food Network, a national nonprofit that supports farmers and increases access to healthy food; the Michigan State University Center for Regional Food Systems; and the Battle Creek-based W.K. Kellogg Foundation.
Investors in the Good Food Fund include Capital Impact Partners, the Kellogg Foundation, Chicago-based Northern Trust Corp., and the Troy-based Kresge Foundation.
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