Areas Served: Statewide Washington State
The Child Care Facility Fund (CCFF) was created in 1991 to provide financial assistance through loans and grants to employers and child care businesses in Washington State.
The mission of the Child Care Facility Fund is to increase the availability of quality, affordable, convenient child care for working families.
Important Notice Regarding Availability of Funds All grant awards and/or commitments to lend are based on the availability of funds.
CCFF staff can provide the latest information regarding the availability of funds for loans and grants.
Applicants must be a licensed child care center in the state of Washington or be substantially involved in the process of becoming licensed.
An applicant may also be a child care provider or employer working together to provide child care services for employees.
Applicants may be for-profit or not-for-profit businesses; sectarian organizations are not eligible.
Child care businesses may apply for funds to either start or expand child care services.
Loan Funds can be used to: – Start or expand a licensed child care facility – Make capital improvements in an existing DEL-licensed child care facility – Acquire personal property for a child care facility that is depreciable under federal tax code – Purchase developmentally-appropriate health and safety improvements or program equipment for child care facilities – Pay for operational costs for the first three months of a new child care facility CCFF funds cannot be used for: – Construction – Refinancing projects – Travel expenses – Debt incurred prior to the date of project approval – Political or religious purposes – Organizations without proper licensing Funds Available The maximum amount of a direct loan is $100,000. The minimum amount that will be considered for a loan is generally $25,000. The minimum amount for a grant is $5,000. The maximum amount for a grant is $20,000.
Contact InformationWashington Department of Commerce
Address: 1011 Plum Street SE
City: Olympia
State: Washington
Website:
http://choosewashingtonstate.com/i-need-help-with/financing/
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