Atlanta, GA — This month, Reinvestment Fund announced the launch of the Rising Futures Expansion Fund (RFEF), a grant program designed to increase high-quality early childhood education access in Metro Atlanta by offering expansion grants to child care providers seeking to grow their licensed capacity and strengthen their long-term organizational stability. One of the Atlanta region’s first grant programs of this kind, RFEF offers a two-phase grant structure of up to $297,500 to help providers plan and execute facility expansion projects.
“Childcare providers shape the futures of our youngest children, but too often without the financial tools and support to grow quality care,” said LaToshia DeVose, Managing Director of Early Childhood Education at Reinvestment Fund. “The Rising Futures Expansion Fund is designed to help Metro Atlanta providers expand in a thoughtful, lasting way — so more children can access the care and education they deserve.”
Eligible providers may apply for planning grants of up to $12,500 to support predevelopment activities including architectural plans, zoning and permitting, and environmental assessments. Providers who complete the planning process successfully will advance to the Capital Phase, where grants of up to $285,000 are available to fund construction, equipment, furniture, and classroom materials.
Grantees will also receive direct support from expert business consultants at no cost, along with access to Reinvestment Fund’s suite of child care resources, including design guides, staffing best practices, marketing tools, and business management supports.
RFEF builds off the success of Reinvestment Fund’s decades of work in early childhood education. In Philadelphia, Reinvestment Fund has led the nearly 15-year-long initiative, Fund for Quality (FFQ), that serves as an important source of financial support and technical assistance for childcare providers. To date, FFQ has helped to add nearly 4,000 new child care seats across the city.
RFEF Letters of Intent are now open until April 3, 2026. For questions or to confirm site eligibility, visit: reinvestment.com/RFEF.
###
About Reinvestment Fund
Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. We bring financial and analytical tools to partnerships that work to ensure that people in communities across the country have the opportunities they strive for: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets and how transactions can have the most powerful impact, which has consistently earned us the top Aeris rating of AAA for financial strength and four stars for impact management. Our asset and risk management systems have also earned us an AA- rating from S&P. Since our inception in 1985, Reinvestment Fund has provided over $3.2 billion in financing to strengthen neighborhoods, scale social enterprises, and build resilient communities. Learn more at reinvestment.com.