Enterprise to Manage $32 Million Early Learning Facilities Fund
King County selected Enterprise to manage the $32 million Puget Sound Taxpayer Accountability Account Early Learning Facilities Fund. The fund will support the expansion and creation of early learning centers in the county with a focus on underserved communities over the next five years.
Working with our Washington Early Learning Loan Fund partner, the Washington Community Reinvestment Association, we will provide grants, loan funding and technical support to help early learning providers navigate the development process.
Participating facilities, which will represent the diversity in their communities, will offer services and supports that meet the unique needs of children and families served. Priority will be given to areas identified as childcare deserts or with limited access to quality early learning.
“Early learning centers are critical to providing King County children with a sound educational foundation and an opportunity for greater economic mobility,” said Jacqueline Waggoner, president of our Solutions Division. “Enterprise is excited to deploy these resources and pair this important program with our work to co-develop affordable homes and early learning centers.”
The Early Learning Facilities Fund work builds upon our experience in leading the Home and Hope initiative, a program that facilitates the development of affordable homes and community facilities on underutilized, tax-exempt land. With this new funding win, we will be able to accelerate this work in supporting the co-location of affordable homes and early childhood learning centers.
For more information about the Early Learning Facilities fund, contact Juanita Salinas-Aguila, Enterprise program director.