March 2020 was a precarious time for childcare businesses in Pennsylvania and across the US. In response to the rapid spread of the COVID-19 virus, Governor Wolf mandated the closure of non-essential businesses, including most childcare programs. With the sudden loss of parent tuition, many programs were at risk of permanent closure.
To help childcare businesses weather this uncertain time, two of the city’s largest philanthropies partnered with Reinvestment Fund, a Philadelphia-based CDFI, to launch the Philadelphia Emergency Fund for the Stabilization of Early Education (PEFSEE) in April 2020.
This report provides an overview of the PEFSEE program and its accomplishments to-date. The report highlights how emergency resources administered through PEFSEE helped stabilize providers, leading to fewer closures, greater staff retention, and less harmful borrowing from credit cards and family savings.
Jacob Rosch conducts quantitative and qualitative research at Reinvestment Fund. His most recent projects have investigated the supply of uncertified child care in the Philadelphia area, the impact of scattered site housing projects, and the role of “middle market” neighborhoods in legacy cities. At Reinvestment Fund, Mr. Rosch leads projects to help philanthropic, government, and private investors design strategies to support the expansion of high quality childcare, build healthy and thriving communities, and improve the lives of residents and families in disadvantaged communities.
Prior to joining Policy Solutions, Mr. Rosch spent six years as a consultant working with clients in the K-12 and higher education sectors on a wide range of topics including school finance, teacher quality, accountability, online education, and university budgeting. His work has been published by the Annie E. Casey Foundation, the Federal Reserve Bank of San Francisco, and the Chicago Policy Review.
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