The Fund for Quality (FFQ) is a partnership between Reinvestment Fund and Public Health Management Corporation (PHMC), supported by funding from the William Penn Foundation. Through the provision of business planning support and facilities-related financing, Fund for Quality supports high-quality early care and education providers with expanding their services to reach more low-income families.
High-quality early learning experiences support positive child development and prepare children for success in school and beyond. Fund for Quality aims to expand the availability of quality early childhood education and care opportunities for low-income families living in the City of Philadelphia.
Providers may apply for planning grants to support organizational planning and project predevelopment to ensure a successful and high-quality expansion project. Based on successful completion of the planning phase, providers will be eligible to apply for capital grant awards of up to $300,000 and/or loan funds to support the expansion project.
Awardees will benefit from the advantages of larger scale business operations, and in turn, will be instrumental in reducing the overwhelming unmet demand for high-quality early care and education services in Philadelphia.
Fund for Quality intends to add 1,500 new child care seats in Philadelphia over the next five years.
Read more details from the Fund’s March 8, 2016 press release