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Child Care Support: New Loans and Business Assistance for Providers

This act makes it easier for child care providers, especially non-profits, to access loans and business advice. This aims to help create new child care spots and improve existing facilities, potentially leading to more accessible and higher-quality options for parents.
Key points
Non-profit child care providers can now more easily get small business loans, helping them grow and sustain their operations.
Small Business Development Centers and Women's Business Centers will offer specialized business assistance to child care providers, covering business planning and financial management.
A resource guide for child care businesses will be published, offering guidance on operations and safety, available online and in print.
A study will be conducted on challenges faced by for-profit child care providers to better tailor support for them.
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Additional Information
Print number: 118_HR_10115
Sponsor: Rep. Landsman, Greg [D-OH-1]
Process start date: 2024-11-12