ITEM TITLE:
Approval of Childcare round 1 grant program
SUBMITTED BY: Martha Barberio, Economic Development Director
FISCAL NOTES:
Expenditure Required: $200,000
Unencumbered Balance: $500,000
Funding Source: THREAD Grant funds
RECOMMENDATION:
Fund
SUMMARY STATEMENT:
Childcare Start-Up grant program
$200,000
SEAAEYC - Southeast Alaska Association for the education of young children
• Under this non-profit, Blue will solicit Letters of intent (LOI) from prospective childcare providers and manage the selection process. All recipients must commit to becoming licensed by the State of Alaska within 6 months.
After the prospective childcare providers have gone through the screening process, they will be invited to fill out a grant application which applies for funding. Blue has spoken to a couple providers who would possibly qualify since the last meeting.
Attached for recommendation to send to City Council is the:
• Childcare start up LOI
• Start Up grant application
• Grant evaluation Form
• Personal financial self evaluation