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As states and communities seek to stem the spread of COVID-19, governors have issued stay-at-home orders for all residents with the exception of essential personnel who must work. Throughout the country, the child care industry—both child care centers and home-based programs—
has been significantly impacted as well. Many programs have closed. Some programs are open to serve the children of essential personnel; however, enrollment is far below normal levels. Congress approved several relief programs to support small businesses (such as sole proprietors who operate family child care homes) through this public health emergency period.
In this podcast, a panel of financing experts explores options that family child care home providers should consider in reviewing available new federal program supports in the CARES Act for both short-term economic viability, as well as for the recovery post-COVID-19. The podcast is a “must hear” for family child care home providers who want to better understand not only available assistance, but also ways to think through prioritizing business expenses and to support economic viability in the short- and long-term.
Panel speakers:
Heidi Hagel-Braid, Chief Program Officer, First Children’s Finance
Louise Stoney, Independent Consultant and Co-Founder of Opportunities Exchange and Alliance for Early Childhood Finance
Moderator: Grace Reef, President, Early Learning Policy Group
Additional resources are available on CED’s web site at: https://www.ced.org/coronaviruschildcare
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