News in Brief
New Construction-Loan Fund to Aid Preschool Classrooms
Early-childhood providers will have access to a $100 million loan program to pay for classroom renovations and other infrastructure improvements, through a partnership announced last week.
The money will be used to renovate classrooms in seven cities and to build 250 new classrooms over the next three years. Baltimore will be the launch point.
Created through a collaboration of the American Federation of Teachers, Amalgamated Bank, the National League of Cities, the First Five Years Fund, and Invest in Us, a public-private coalition to support early learning, the loan program will affect 36,000 children.
Vol. 35, Issue 07, Page 4Published in Print: October 7, 2015, as New Construction-Loan Fund to Aid Preschool Classrooms