John Kerry Works to Expand Affordable Child Care
April 25th, 2006 @ 8:25 am
Today, John Kerry will introduce legislation today to increase access to low-interest loans for child care centers, seeking to make affordable child care available for more parents.
Kerry’s bill would spur the establishment and expansion of quality child care providers through a lending pilot program that gives non-profit child care centers access to community development loans through the Small Business Administration’s (SBA) 504 loan program.
“There’s no more important investment in our communities than our children. Every child deserves a healthy, safe place to learn and grow. This bill will help the many non-profit child care facilities that offer Head Start and early education programs by putting within reach the money they need to build, serve more families, or even fix a leaky roof. This is a common-sense investment in our future,” said Kerry, Ranking Democrat on the Senate Committee on Small Business and Entrepreneurship.
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