Brightwood Development Corporation
Brightwood Development Corporation (BDC) is using HFFI financing to support the Western Puerto Rico Food and Agro-Processing Center, a food processing and distribution facility in western Puerto Rico’s Porta del Sol region. The Center will house five tenants in the food processing and distribution segments, creating a minimum of 40 new jobs, of which 30 will be for low-income individuals. The Food and Agro-Processing Center supports local producers of healthy and organic vegetable products for distribution in Puerto Rico and the U.S. Hispanic market. BDC is using additional HFFI financing to improve its warehouse capacity, expedite distribution, providing technical assistance, expand the Mayaguez Seashore Farmers’ Market, and create a Harvesting Master Plan. These projects will create an additional 40 full-time jobs for low-income residents. You can find more information here.
Source of money: HFFI CED Program
Note: Brightwood Development Corporation is a CDC headquartered in Massachusetts, but its HFFI project is in Puerto Rico.