About Fund for Quality
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.
The fund 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.
Providers may apply for grants or low-interest loan funds to support an expansion project. Awardees will receive planning support to ensure that expansion sites have a financial plan that demonstrates sustainability as well as an operations plan to ensure the provision of high-quality services. Pending successful completion of the planning phase, expansion projects will become eligible for grants of up to $300,000 while larger projects will be eligible for low-cost financing.
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. Click here to read more details from the Fund's March 9, 2016 press release.
Fund for Quality awardees will be early care and education providers that currently operate facilities with a STAR 3 or STAR 4 Keystone STARS quality rating. The proposed projects must result in an increase in the number of high-quality childcare seats for low-income families in Philadelphia. To achieve this objective, applicants can either propose to increase the usable space within an existing childcare facility or open a new facility modeled on their current operations.
Preference will be given to applications that propose to operate in geographic areas with currently unmet demand for high quality early care and education services. Applicants are encouraged to utilize data from Childcare Map, an interactive web-based tool that helps identify geographic areas of expansion, as part of the supporting documentation for their proposals.
The FFQ Award Summary details for more information on awards and availability.
- Fund for Quality Kick-off 2016 - Friday, May 20, 2016 at PHMC. RSVP required.
- Fund for Quality Application Release 2016 - TBA
- Fund for Quality Application Submission Deadline - TBA
Please continue to check for updates.