; and (II) meets the criteria for having low access to a supermarket or grocery store through a methodology that has been adopted for use by a State or unit of local government or philanthropic healthy food initiative. (B) Distressed geographical area described A distressed geographical area referred to in subparagraph (A) is a geographical area where a substantial number or share of residents has low access to a supermarket or large grocery store. (c) Establishment The Secretary shall establish within the Department an initiative, to be known as the Healthy Food Financing Initiative , to achieve the purpose described in subsection (a) in accordance with this section. (d) Duties of the Secretary The Secretary shall— (1) once every 5 years, designate a National Fund Manager through a competitive process from among community development financial institutions that have qualifications and a demonstrated record of success and effectiveness in— (A) raising significant amounts of private funds and managing healthy food financing programs that provide grants, loans, and tax credits to improve access to, and the supply of, healthy foods in low-income, underserved communities; (B) developing and managing programs that provide financial and technical assistance to healthy food retailers, healthy food producers, food hubs, farmers markets, and other healthy food business enterprises that serve low-income, underserved communities; (C) partnering with food access organizations or other nonprofit organizations with expertise in improving food access in low-income, underserved communities in the implementation of healthy food financing programs; (D) investing in rural communities directly or in partnership with other rural economic development organizations; (E) building the capacities of other community development financial institutions and building a network of collaboration across food access programs and food systems programs; (F) engaging— (i) rural, Tribal, and disadvantaged business enterprises