USDA Announces Initiative to Strengthen Food System

USDA has announced plans to invest more than $4 billion to strengthen critical supply chains through the Build Back Better initiative. According to a press release, the new effort will strengthen the food system, create new market opportunities, tackle the climate crisis, help communities that have been left behind, and support good-paying jobs throughout the supply chain. Funding announcements under the Build Back Better initiative will include a mix of grants, loans, and innovative financing mechanisms to support priorities such as investing in food production workers, supporting regional processing capacity, investing in food system infrastructure for distribution and aggregation, and supporting new and expanded access to markets, as well as access to healthy foods.