Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • When will car finance compensation be paid out and how much could you get? – The Guardian
  • Millions of drivers in line for £830 each from car finance scandal – The Telegraph
  • £7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham
  • FCA to release details of UK car finance scandal compensation scheme – The Guardian
  • Car finance redress scheme to be announced TODAY – are you one of up to 14 million due £700 each on average? – Money Saving Expert
  • Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses: Top 5 Stocks
  • Art Gallery puts on impressive display to strike for James Ferguson and Qatar Racing despite PJ McDonald dropping his rein
  • Millions of drivers to receive £830 compensation over car finance mis-selling scandal
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Investments»N.Y. child care task force highlights investments
Investments

N.Y. child care task force highlights investments

April 26, 20243 Mins Read


The New York state Child Care Availability Task Force released its latest report Friday highlighting progress and initiatives that it says has enhanced child care services in the state.

The report comes after the state budget recently passed by the New York Legislature that continues the ongoing four-year $7 billion investment to expand access to affordable child care and invest the child care workforce.

“Since the release of the Child Care Availability Task Force’s original report in May 2021, New York State has made strong progress in increasing equitable access to affordable child care by raising the child care eligibility limit to the federal maximum as well as investing $7 billion into supporting children and families,” the new task force report said. “However, the work is far from over. If New York State is to move towards universal child care, a strong framework and short-term changes are needed to develop and implement a statewide, universal system.”

Highlighted in the report are the state’s moves to

  • Double the funding for the Child Care Assistance Program, which subsidizes the cost of child care for eligible families.
  • Increase income eligibility for child care assistance from 200% of federal poverty level to the federal maximum, 85% of the state median income – $99,250 for a family of four
  • Cap co-pays for families receiving child care assistance at 1% of family income above the poverty level
  • Increase the maximum subsidy available to provide additional access to families and higher reimbursement to providers
  • Provide enhanced rates to high quality providers, providers serving homeless families, and providers that serve families during non-traditional work hours
  • Provide more than $100 million in funding for the new LEAPS after-school grant program
  • Provide $280 million in underutilized federal pandemic funds allocated to the Workforce Retention Grant program, which will provide recruitment funding and bonus payments to nearly 14,000 child care providers statewide
  • Provide $5 million to pilot staffed Family Child Care Networks in various regions to offer technical support and coaching to home-based child care providers, who are mostly women of color and make up the largest component of the state’s child care workforce

“This historic investment conveys a strong message that childcare supports for our families are of top priority. We look forward to continuing to work on innovative and collaborative strategies that propel New York State towards a truly equitable, universal child care system,” state Office of Children and Family Services Acting Commissioner Dr. DaMia Harris-Madden said in a statement.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Octopus Investments cuts one fifth of workforce amid AI-driven overhaul

March 27, 2026 Investments

I Asked ChatGPT Which Investments Won’t Survive the Next Recession: Here’s What It Said

March 26, 2026 Investments

Investing in Alternative Assets: A Comprehensive Guide

March 20, 2026 Investments

Old Mutual Investments appoints board chair and COO

March 20, 2026 Investments

European offshore wind investments grew fivefold in one year: BloombergNEF

March 19, 2026 Investments

UK’s best and cheapest investment platforms revealed

March 16, 2026 Investments
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

When will car finance compensation be paid out and how much could you get? – The Guardian

March 30, 2026 Finance 1 Min Read

When will car finance compensation be paid out and how much could you get? The GuardianCar…

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026

FCA to release details of UK car finance scandal compensation scheme – The Guardian

March 30, 2026
Our Picks

When will car finance compensation be paid out and how much could you get? – The Guardian

March 30, 2026

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026

FCA to release details of UK car finance scandal compensation scheme – The Guardian

March 30, 2026
Our Picks

Canada Targets Cryptocurrency Political Donations with New Election Legislation

March 30, 2026

Crypto Market Daily Updates | The cryptocurrency market experienced volatile upward movement, with Bitcoin rebounding to $67,000. Strategy has accumulated 45,000 BTC in the past 30 days, marking the fastest rate of increase in nearly a year. – news.futunn.com

March 30, 2026

CID recovers Tk 44 crore in cryptocurrency linked to MTFE Ponzi Scam

March 30, 2026
Latest updates

When will car finance compensation be paid out and how much could you get? – The Guardian

March 30, 2026

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026
Weekly Updates

A cryptocurrency entrepreneur wins a key election in Liberland

October 10, 2024

The Art and Science of Venture Capital Investing | by Paulina Szyzdek | Jul, 2024

July 12, 2024

Crypto NFT Today: August Week 2

August 15, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.