CHILD CARE QUALITY & INNOVATION INITIATIVE
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8 NYC’S COMEBACK CHILD CARE QUALITY & INNOVATION INITIATIVE
THE MOST IMPACTFUL POVERTY-FIGHTING INVESTMENT WE CAN MAKE STARTS AT INFANCY. That’s why Robin Hood is focused on addressing this challenge at scale .
In 2022, Robin Hood and the City of New York announced the Child Care Quality & Innovation Initiative, a $100 million public-private partnership to make high-quality, affordable child care more accessible to New York City families living in poverty. Research shows that the most impactful poverty-fighting investment we can make starts in infancy, providing returns to society that far outweigh the costs. But since the start of the pandemic, NYC’s child care landscape has been severely disrupted:
$1 INVESTMENT IN EARLY CHILDHOOD = $9 BENEFIT TO SOCIETY
There is only ONE open child care slot for every FIVE INFANTS in NYC
ONE IN FOUR parents have had to turn down a job, change jobs, or take leave due to child care needs
52% OF NYC FAMILIES cannot afford child care
HIGH-QUALITY, AFFORDABLE CHILD CARE:
RAISES
INCREASES EMPLOYMENT RATES FOR MOTHERS WITHOUT COLLEGE DEGREES BY 31%
HIGH SCHOOL GRADUATION RATES BY 11% IMPACTING LIFETIME EARNINGS BY 33%
Investing in New York City’s child care system will help reduce poverty, improve family economic stability, ensure healthy child development, and increase the ability of parents and caregivers — especially women — to work and earn more.
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