FY18 HFFI-CDFI Notice of Funding Availability
October 2017
Profile: Vicente's Supermarket
Overview
For 20 years, Manuel Vicente Barbosa owned and operated a specialty food store in Brockton, Massachusetts, a small city south of Boston. In 2015, the family opened a second, 33,000-square-foot modern, full-service supermarket. The new store would not have been possible without the assistance of the Healthy Food Financing Initiative (HFFI).
Developed by Reinvestment Fund, this profile Vicente's Supermarket documents how the project was supported, financed, and launched.
2017 Community Economic Development Projects (HHS)
Food Co-op Initiative Seed Grants
Cooperative Fund of New England
Video: Vicente’s Tropical Supermarket
Overview
Manuel B. Vicente has owned and operated a grocery store Brockton, MA, for 20 years that started as a small specialty food store and has grown into a full-size supermarket. In spring 2015, Vicente opened a second store that almost doubles the size of the existing store and creates a modern, full-service store catering to the tastes and preferences of the Cape Verdean community that predominates the city of Brockton, a suburb south of Boston. The market is located in a low-income census tract (55% of AMI) and serves residents of Limited Supermarket Access areas.