There are three types of funding currently available through the RICCELFF:
Early feasibility facility planning grants in the amount of $5,000 – $10,000 allow qualified organizations to secure professional services to plan for and assess the feasibility of both indoor and outdoor facility projects. Qualified services might include things such as architectural services, landscape /playground design services, engineering studies, and environmental surveys. These planning grants can also be used to help devise a prioritized facility improvement plan.
A very competitive pool of recoverable grant funds are available to qualified organizations that are looking to expand quality child care or early education programming for low-income families. Recoverable grants, which typically range in size from $10,000 – $100,000 can be used to support pre-development costs, such as an option on a site, architectural drawings, environmental and engineering review, legal and project management fees. Recoverable grants essentially function like “zero-interest loans.” The amount of recoverable grant funds provided will vary based on the size and needs of the project and the overall plan for repayment of the funds.
Loans ranging from $50,000 – $5 million are available to qualified child care centers for eligible facility projects. Click HERE for additional information on our loan products.
From time to time, special competitive grant programs are offered. Sign up for our eNewsletter below to be notified when future grant funding is available. Organizations interested in discussing recoverable grant and loan opportunities should contact us at email@example.com or 401-331-0131.