CHEYENNE, Wyoming (Wyoming News Now) – USDA Rural Development has approved a loan of more than $ 2 million for a day care center in Evanston.
But the USDA hopes to use the program throughout Wyoming. Recently, the USDA and the Department of Health and Human Services launched a joint guide on child care.
Help low-income rural and tribal communities access loans and grants to increase access to child care services.
“Before the pandemic, 43% of parents said they weren’t able to find adequate child care for their children and the pandemic just made it more complicated, especially in rural communities and communities of color where they’ve under-invested in those areas for childcare facilities historically, ”said Chad Parker, interim administrator for the rural housing department.
Under the Biden administration, USDA Rural Development provides loans and grants to help expand economic opportunities in rural areas.
The Direct Loans and Grants for Community Facilities program has been in existence since the 1970s.
They offer low interest loans and grants to build and renovate facilities, and rural child care centers are eligible.
The USDA provides funds for various programs that can help fund for-profit and non-profit facilities to help these communities.
“We understand that this represents a large part of the rural economic return from the pandemic. Ensure that parents and families have access to quality child care and that early learning opportunities are available for young people growing up in these communities, ”said Parker.
Rural communities can apply the program of direct loans and grants to community facilities to rural or tribal towns, towns and unincorporated areas of 20,000 people or less are eligible.
Other secured loan programs can go up to 50,000 in population limits.
See their Resource Guide, USDA Loan & Grants, or their Resource Guides for more information.
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