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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>360640</law_id><section_number>36-156.4</section_number><catch_line>Virginia Food Access Investment Fund</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="83" identifier="36">Housing</unit><unit label="chapter" level="2" order_by="10" identifier="10.2">Virginia Food Access Investment Program and Fund</unit></structure><text>
						<section><p>There is hereby created in the state treasury a special nonreverting <span class="dictionary">fund</span> to be known as the Virginia Food Access Investment <span class="dictionary">Fund</span>. The <span class="dictionary">Fund</span> shall be established on the books of the Comptroller. All <span class="dictionary">funds</span> appropriated for such purpose and any gifts, donations, grants, bequests, and other <span class="dictionary">funds</span> received on its behalf shall be paid into the state treasury and credited to the <span class="dictionary">Fund</span>. Interest earned on moneys in the <span class="dictionary">Fund</span> shall remain in the <span class="dictionary">Fund</span> and be credited to it. Any moneys remaining in the <span class="dictionary">Fund</span>, including interest thereon, at the end of each fiscal year shall not revert to the general <span class="dictionary">fund</span> but shall remain in the <span class="dictionary">Fund</span>. Moneys in the <span class="dictionary">Fund</span> shall be used solely for the purposes of establishing collaborative and cooperative projects with public and private sector partners to improve food access in Virginia. The <span class="dictionary">Fund</span> shall be used to provide <span class="dictionary">funding</span> for the construction, rehabilitation, equipment upgrades, or expansion of <span class="dictionary">grocery stores</span>, small food retailers, or <span class="dictionary">innovative food retail projects</span> in underserved communities. Expenditures and disbursements from the <span class="dictionary">Fund</span> shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Commissioner of the <span class="dictionary">Department</span> of Agriculture and Consumer Services.</p></section></text><history>2020, cc. 956, 957.</history><metadata></metadata></law>
