More Questions and Answers about the Children's Investment Fund:

5. Are Centers which rent rather than own their space eligible for assistance?

Yes! Providers may either own or rent the project site.  For those sites which rent their project space and are interested in a site improvement project, the lease terms must be at least as long as the term of the project loan.  Equipment purchases are exempt from this requirement.  FUND staff are available to help providers who rent their space with this issue

6. What are the FUND's priorities in reviewing applications for support?

Priority will be given to applicants who:

• have been in operation for a minimum of one year (Note: Start-up of a new site by an organization which has been in existence for more than one year is eligible for FUND support.)
  
  
• serve special populations, including: minorities, children of homeless families and teenage parents, children with special needs and other underserved populations
  
  
• are grassroots, minority and/or women-run organizations
  
  
• through the proposed project, will respond to an unmet demand for care
  
  
• are committed to improving program quality

The FUND has a strong commitment to ensuring accessibility for children with special needs and will work with providers toward this goal.

More Questions and Answers about the Children's Investment Fund:

1. What is the Children's Investment Fund?

2.  What kinds of projects does the FUND support?

3. Who's eligible for assistance from the FUND?

4. What are the FUND's requirements with regard to targeting low-income children?

5. Are centers which rent rather than own their space eligible for assistance?

6. What are the FUND's priorities in reviewing applications for support?

7. What kind of assistance can my organization get from the FUND?

8. What are the loan terms which the FUND offers?

9. If I borrow from the FUND, how much will my monthly payments be?

10. My center has a project in mind, but we haven't yet figured out all the details.  Where do we go from here?

11. How long does it take to process my loan application?