An organization that is working to make access to local and organic food more affordable is closer to its goal, after learning that a hedge fund manager and philanthropist who lives in North Haven plans to donate building space in Portland and money for renovations.
The Portland Food Cooperative announced Monday that S. Donald Sussman, who leads Connecticut-based Paloma Partners, will donate a rent-free, five-year lease and $40,000 in cash to the nonprofit organization.
Under the agreement, the co-op will renovate a 4,700-square-foot warehouse at 60 Hampshire St. in Portland for use as a distribution point for its members/owners and eventually as a retail storefront.