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Board approves release of $42 million to Office of Early Care and Education for emergency grants and loans
Summary
The San Francisco Board of Supervisors voted unanimously to release $42 million in reserves to the Office of Early Care and Education to fund an emergency grant-and-loan program aimed at stabilizing childcare providers and family resource centers amid the pandemic.
The San Francisco Board of Supervisors voted unanimously Tuesday to release $42,000,000 in reserved funds to the Office of Early Care and Education to support an emergency Early Education Economic Recovery Grant and Loan Program.
The move, adopted during a committee-of-the-whole public hearing, directs the monies to grants and 0%-interest loans intended to shore up early childhood care and family resource centers hit by the pandemic. The board’s action also clears funding for operational staffing in the Office of Early Care and Education to implement the five-year spending plan tied to the funding.
The program will prioritize grants for early care and education providers citywide and…
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