Created by the 2005 Legislature and funded by the Governor with $250,000 of federal funds, the Child Care Facility Loan Fund partners the Authority with Children Youth and Families Department (CYFD) to provide low-cost financing to licensed child care providers to fund improvements to their facilities. In 2008, the Authority and CYFD stepped up their efforts to make certain child care providers were positioned to take advantage of this critical, low-cost funding. The effort culminated in increased activity of this small loan program and in FY 2009, the Authority completed its first loan under this program.
If you need additional information or assistance, please contact:
John Brooks, Director, Commercial Lending, (505) 992-9638, EMAIL