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ERIC Number: ED308015
Record Type: Non-Journal
Publication Date: 1989-Feb
Pages: 78
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Capital Needed: Financing New Space for Day Care Centers.
Ward, Antony; And Others
The issue of how to finance creation of new space or expansion of current space for day care in New York City (NYC) is the subject of this report. In NYC, there are close to 105,000 children under 6 years of age for whom there is no space in day care programs. Even if there were sufficient subsidies to help parents obtain child care, there would not be enough room for their children in existing programs. The lack of space for day care centers has reached near critical proportions. The first part of this report examines the supply and demand for day care for children under 6, and identifies the nature and extent of the need for new space for programs. Part two offers a brief analysis of the cost of renovating or constructing classrooms. The third and fourth parts explore two types of financing options: those that would not impose direct responsibility for debt service on day care programs, and those that would have a direct effect on center budgets. The final part recommends several policy initiatives. Appendices indicate potential demand for day care, describe Project Giant Step and LYFE, and list participants in the Child Care, Inc. meeting on financing options for new day care space. (RH)
Child Care, Inc., 275 Seventh Avenue, New York, NY 10001 ($10.00).
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Child Care, Inc., New York, NY.
Identifiers - Location: New York (New York)