Secrets to Thriving Cities Urban Agriculture Masterplan Revealed
Financial Considerations and Opportunities
The financial aspect of urban agriculture is crucial for its sustainability. Initial investments can be significant, including costs for land acquisition, soil improvement, and infrastructure. However, grants and subsidies are often available from government bodies and NGOs to support these initiatives. Additionally, urban farms can generate revenue through the sale of produce, agritourism, and educational workshops. In New York, for example, urban farms have reported annual revenues ranging from $10,000 to over $100,0003.