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Children’s Investment Fund Awarded $300,000 from CDFI Fund to Support High-Quality Early Education Facilities

At INSITES this week, we share the great news that Children's Investment Fund, an affiliate of CEDAC, has received $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). This award will allow us to continue financing capital improvements for early education facilities and strengthening the child care sector. R...

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Governor Baker’s FY18 EEOST Award Announcement

On August 15th at Crispus Attucks Children’s Center in Dorchester, Governor Baker announced $4 million in FY18 Early Education and Out of School Time (EEOST) Capital Fund awards to the following organizations, each receiving $1 million: Citizens for Citizens, Inc. in Fall River, which serves 200 children and plans to make playground improvements, window replacements...

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YWCA of Central Mass and Community Leader, Linda Cavaioli- Empowerment in Action

Linda Cavaioli has made a career of empowering individuals on the margins.  As Executive Director of the YWCA of Central Massachusetts for the past 26 years, she’s made it her business to support women fleeing domestic violence (DV); deliver essential early care and education to young children so that parents can work or pursue education; and empower homeless women by p...

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Children’s Investment Fund Becomes a Certified CDFI

In June, the Children’s Investment Fund (CIF) received some welcome news – the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund had certified CIF as a CDFI. This certification enables us to apply for federal funding to increase low-cost lending capital for early childhood education (ECE) and out-of-school time (OST) facility ...

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Congratulations and Thanks to Outgoing Undersecretary of Housing Chrystal Kornegay

I would like to offer my congratulations to our current chair of CEDAC’s board of directors, Chrystal Kornegay, on the recent announcement of her appointment as the new executive director at MassHousing. Chrystal has served with distinction for the past three years in the Baker-Polito administration as the Undersecretary of Housing and director of the Department of Housi...

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The Challenges of Facility Improvement Projects

The business of providing care to young children can be very challenging. Child care directors of early education and care (ECE) and out-of-school time (OST) centers are required to balance multiple and complex responsibilities as administrators, fundraisers, facility managers, educators, and advocates often at the same time. Many programs are located in spaces and buildin...

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Exploring Innovative Financing for Early Education

At a time when federal funding is in flux and early education and care remains chronically underfunded, state and local innovative efforts to finance child care facilities can offer smaller-scale solutions. Through its commitment to supporting high-quality early education and care with public dollars (for a background on MA’s commitment through the EEOST Capital Fund pro...

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Investing in Spaces for Children

Massachusetts is only the second state in the nation to make capital bond financing available for early childhood education (ECE) and out-of-school time (OST) facilities. In 2013, state legislators passed a bill that led to the creation of the Early Education and Out of School Time (EEOST) Capital Fund, which provides capital grants of up to $1 million for providers across...

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Guiding Quality Early Education Facility Design

A well-designed, well-equipped environment supports learning, but child care programs are often located in church basements, old storefronts, and other substandard spaces that were not intended for educational uses. At Children’s Investment Fund (the Fund), we believe that all children deserve to learn in safe physical environments that help support healthy development. ...

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