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Cape Cod 5 Creates $2M Loan Fund for Child Care Providers


Cape Cod 5 Creates $2M Loan Fund for Child Care Providers
May 25, 2021 | Reprints | Print
Cape Cod 5 has partnered with a local community development financial institution to create a $2 million loan fund for child care and early education providers.
“This unique loan pool recognizes the significant strain on the child care and early education industries as a result of the Covid-19 health crisis and the hardships it has presented for our workforce and youth,” Cape Cod 5 said in a statement. “Closures and capacity reductions have severely impacted providers who must now find ways to rehire staff and pay other key costs in order to resume operations.” ....

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