ERIC Number: ED440526
Record Type: Non-Journal
Publication Date: 2000-Jan-5
Reference Count: N/A
Building for the Future: A Guide to Facilities Loan Funds for Community-Based Child and Family Services.
This guidebook assesses the feasibility and potential impact a specialized lending program might have on the capital needs of community-based child and family services. It explains the need for quality facilities and how physical space can affect child care quality and the program's impact. Also described are the problems associated with capital loans for these services. The paper examines how facilities loan funds directly improve access to credit and how they can have broader indirect impact on the level of capital investment in community programs. Types of loan funds are examined, as are the characteristics of a lender's capital structure, lending policies, several start-up strategies, and capitalization loan strategies used by other institutions. Appendices provide a glossary, a proforma for the Child Care Capital Investment Fund (CCCIF), information from the Community Development Financial Institutions Fund, case studies of two sample CCCIF loans, a sample of a loan fund application, and a sample of loan program guidelines. A list of resources concludes the document. (Contains 16 resources.) (GR)
Descriptors: Community Programs, Credit (Finance), Early Childhood Education, Facility Improvement, Financial Support
For full text: http://www.financeproject.org/facilityfund.htm.
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: N/A