fy16 cdbg request for proposals childcare scholarship assistance
DESCRIPTION
Primary Goals & Objectives To support lower-income Lakewood parents in their effort to maintain stable employment and/or complete their education by subsidizing the cost of childcare. To provide Lakewood children of lower-income parents who are working or completing their education with high quality, developmentally appropriate childcare that improves their literacy skills, preschool readiness and school success.TRANSCRIPT
![Page 1: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/1.jpg)
FY16 CDBGREQUEST FOR PROPOSALS
Childcare Scholarship Assistance
![Page 2: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/2.jpg)
What is the program?
Under the Scholarship Program, the City’s Division of Early Childhood will provide financial assistance to parents located within Lakewood on behalf of 25-35 qualifying children. To be eligible, parents must meet the following qualifications: 1. Family must reside within the City of Lakewood for at
least one year 2. Family has a household income that is just above 125% of
federal poverty level, and is therefore ineligible to participate in Cuyahoga County’s day care voucher program
3. Family has a household income that is below HUD’s moderate-income guideline
4. Parents must be either working or attending school (high school or beyond)
![Page 3: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/3.jpg)
Primary Goals & Objectives
To support lower-income Lakewood parents in their effort to maintain stable employment and/or complete their education by subsidizing the cost of childcare.
To provide Lakewood children of lower-income parents who are working or completing their education with high quality, developmentally appropriate childcare that improves their literacy skills, preschool readiness and school success.
![Page 4: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/4.jpg)
Who do we serve?
![Page 5: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/5.jpg)
Why is it needed? Cost of childcare
outpaces inflation by 70%
Small increases in wages can result in a loss of county benefits
Children and childcare centers benefit from high quality, consistent care
Parents and the community benefit from stable employment
![Page 6: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/6.jpg)
![Page 7: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/7.jpg)
THE IMPACT OF CHILDCARE SCHOLARSHIPS ON AN ANNUAL HOUSEHOLD BUDGET
Two Parent, Two Children Household, Both parents employed Father earns $10.15/hour, Mother earns $11.48/hour
Family Pays Total Cost of Childcare Family Receives 40% Childcare ScholarshipGross Income $44,990.40 Gross Income $44,990.40Expenses: Expenses: Childcare for 2 Kids:Infant – $10,927.80Preschool - $9,334.00
$20,261.80 Childcare for 2 Kids:60% Paid by Parent40% Paid by CDBG
$12,157.08
Food $9,384.00 Food $9,384.00Housing $9,000.00 Housing $9,000.00Transportation $7,440.00 Transportation $7,440.00Total Expenses $46,085.80 Total Expenses $37,981.08Income Vs. Expenses
($1095.40) Income Vs. Expenses $7,009.32
![Page 8: FY16 CDBG REQUEST FOR PROPOSALS Childcare Scholarship Assistance](https://reader036.vdocuments.us/reader036/viewer/2022082510/5a4d1b097f8b9ab0599897aa/html5/thumbnails/8.jpg)
FY16 Expense Budget
Expense Category Total Project (A) CDBG Only (B) CDBG % of Total (B/A)PersonnelSalaries 15,606 12,992.64 83%Fringe Benefits 2,411 2,007.36 83%
Sub-Total $ 18,017 $ 15,000 83%Overhead & OperationsRent/Lease Insurance Materials & Supplies
Professional Services
Postage Travel Utilities/Telephone Insurance Equipment Indirect Costs1 Other: Child Care Scholarships 60,000 60,000 100%
Other: Other:
Sub-Total $ 60,000 $ 60,000 100%Total Project Costs $ 78,017 $ 75,000 96%
1 Indirect costs may not be paid with CDBG funds.