Special thanks to The Vermont Community Loan Fund for sharing this press release with us, published Feb. 14th, 2017, written by Anne Loecher:
FOR IMMEDIATE RELEASE:
February 14, 2017 CONTACT:
Vermont Community Loan Fund
VCLF Now Accepting 2017 Building Bright Spaces for Bright Futures
The Vermont Community Loan Fund is now accepting applications for Building Bright Spaces
for Bright Futures (BBSBF) 2017 grants. BBSFBF grants can be used for assistance in starting,
relocating, expanding, or improving a Vermont child care program’s physical facility and/or
BBSFBF grants also may be used for real estate purchase, facility construction and renovation,
as well as pre-development costs, interest rate subsidies and costs in meeting child care licensing
Grant requests cannot exceed $15,000 or total more than 25% of the full project cost. The
application process for these funds is very competitive, and funds are limited. Applications must
be received by VCLF no later than 3:00 pm on March 13, 2017 to be considered.
For-profit or private non-profit operations (family or center), licensed, registered or in the
process of becoming so, located in Vermont.
Projects that serve or plan to serve children from families receiving support through the
State Child Care Financial Assistance Program.
Projects in compliance, or in process of complying, with all applicable local, state, and
federal zoning, accessibility, environmental, and other laws and regulations.
Youth programs that reach out to all children with positive youth development
Programs that participate, or intend to participate, with Early Childhood Councils or
Community Child Care Support Agencies (Resource & Referral) and who are members
of a local child care provider network.
Funding priorities for this year’s grants:
Programs that operate on a full day/full year schedule;
Programs targeting funds to improve their ability to serve infants and toddlers or children
receiving Specialized Child Care supports;
Programs that plan to use the funds to meet child care licensing or STARS requirements;
Programs providing care during non-traditional hours (evenings and/or weekends);
Programs seeking to expand the number of child care slots available.
While all qualifying programs are welcome to apply, these factors are used to help determine
priorities for grant funding. All applications will be reviewed for quality of care and regulatory
compliance. Applicants must be active participants in the STep Ahead Recognition System
(STARS). Special consideration will be given to start-up programs.
Administered by the Vermont Community Loan Fund, the BBSBF program is funded with
revenue generated from the sale of specialty child care license plates, contributions from the
general public and monies provided by the State of Vermont Child Development Division.
The fund was created in 2002 by the Vermont legislature to increase the quantity and quality of
child care and early education programs in Vermont. Since 2006, the fund has awarded over $1.2
million in grants to 110 Vermont child care programs, benefiting almost 2,800 Vermont children
and their families.
For additional information, contact Faye Longo at 802-224- 9141 or firstname.lastname@example.org