Also by Reinvestment Fund

Philadelphia ECE Loan Fund

Reinvestment Fund offers flexible and low-interest loans to early childhood education providers in Philadelphia to maintain high-quality early learning environments.

About the Fund


Without access to flexible financing, many providers have few options but to rely on high-interest credit cards, scale back on operations, or sacrifice quality. Thanks to the William Penn Foundation, Reinvestment Fund is launching the Philadelphia ECE Loan Fund.

Loans from $5,000 to $50,000* are available to support a broad base of working capital needs and facility improvements or upgrades. The low-interest loans are also intended to complement existing programs such as Fund for Quality, Child Care Facility Fund and Fund for Sustaining Quality.

Interested applicants should complete a contact sheet and provide information about their proposed project. Please email the completed form to PhilaECE@reinvestment.com

 * A very limited number of loans greater than $50,000 may be made available on a case-by-case basis for facility improvements, but will need to meet additional criteria.

Eligibility


All loan applicants must meet the following program requirements:

  • Existing high-quality operator (Keystone STARS 3 and 4) or Keystone STARS 2 operator actively participating in PHLpreK
  • Non‐profit or for‐profit organization
  • Child Care Center, Group Child Care Home or Family Child Care Home
  • Currently serving low‐income populations (defined as client population of at least 50% Child Care Works subsidy, or waitlist subsidy, Head Start or Pre‐K Counts)
  • Positive attendance trends and strong business plan
  • Organizational capacity

To Apply


Applications will be accepted on a rolling basis. Interested applicants must complete a Contact Sheet and provide information about their proposed project. Please email the completed form to PhilaECE@reinvestment.com

Contact Sheet