U.S. Treasury Secretary Timothy Geithner and Agriculture Department Secretary Tom Vilsack recently announced details of the Obama Administration’s new Healthy Food Financing Initiative, which is intended to provide a mix of federal tax incentives and funds to help finance the development of supermarkets and other healthy food options in under-served urban and rural communities. In all, the initiative will make available more than $400 million in federal tax credits, including $250 million in new markets tax credits; below-market rate loans; and loan guarantees and grants to attract private sector capital for interventions to expand access to nutritious foods in distressed communities that lack healthy options. Read More…