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News December 5, 2024

Reinvestment Fund’s Program Director for Early Childhood Education Recognized for Her Work As An Influential Pennsylvanian 

LaToshia DeVose Honored Among City & State PA’s Pennsylvania Impact Award Recipients for 2024

(Philadelphia – December 5, 2024) LaToshia DeVose, Program Director for Early Childhood Education (ECE) at Reinvestment Fund was honored this week as one of the recipients of City & State PA’s Pennsylvania Impact Awards for 2024.  

This award and event program is hosted annually by City & State PA, a premier multimedia news organization that dedicates its coverage to Pennsylvania’s state and local government, in an effort to honor “socially responsible Pennsylvanians across many sectors.” Awardees from across the state are selected for demonstrating one of the principles of social responsibility including: Charity, Community Engagement, Customer Service, Diversity & Inclusion, Equity, Ethics, Transparency, Sustainability and Volunteerism. You can view the full list here 

“We are so proud that LaToshia and her work in early childhood education are being recognized for the tangible impact it’s having on our community,” said Donald Hinkle-Brown, president and CEO of Reinvestment Fund. “LaToshia has dedicated her career to the service of others and our team is grateful to have her expertise as we continue to invest in the expansion of access to high quality early childhood education across Philadelphia and our country.” 

LaToshia joined Reinvestment Fund’s ECE team as Program Director in 2023 after a significant tenure with Public Health Management Corporation (PHMC) where she supported the organization’s ECE work and greater grants portfolio. At Reinvestment Fund, LaToshia spearheads work with internal and external stakeholders to design, develop and implement effective and engaging programs that provide capital and technical assistance to ECE businesses serving low-income families in select communities across the country. 

A focus project for LaToshia is the Fund for Quality (FFQ), a partnership between Reinvestment Fund and PHMC, that supports high-quality early care and education providers by helping them expand their services to reach more low-income families across Philadelphia. This year, FFQ celebrated its tenth anniversary. To date, FFQ has supported more than 50 child care centers to add over 3,600 new child care seats in Philadelphia.  

“It was such a pleasure to work with LaToshia at our Pee Wee Prep-3 project in Philadelphia. We were particularly grateful for her strong leadership and partnership,” said Dr. Stacy R. Gill-Phillips, CEO of Pee Wee Prep. “She made us feel completely supported. She also truly understood our mission and vision and she connected with knowing the work it takes to best serve our community here in Philadelphia. We are so happy that she’s getting this well-deserved recognition!” 

Since its founding in 1985, Reinvestment Fund has invested more than $30 million in ECE across the country. Reinvestment Fund’s data-driven lending in the space is focused on addressing the supply of early childcare centers, center quality, and the demand for these centers—based both on where families live and where they commute. 

By partnering with visionary investors and a steering committee of local experts, Reinvestment Fund is able to make targeted investments that give more children the opportunity to get the high-quality early childhood education they deserve. 

To learn more about Reinvestment Fund and its work in ECE, please visit: www.reinvestment.com/focus-areas/early-childhood-education/  

For inquiries, please contact: media@reinvestment.com  

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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 

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