Ernst Works to Expand Child Care Access for Families and Small Businesses
WASHINGTON – As Chair of the Senate Committee on Small Business and Entrepreneurship, U.S. Senator Joni Ernst (R-Iowa) is introducing bipartisan legislation with Senator Jacky Rosen (D-Nev.) to increase the availability of affordable, high-quality child care for working families. This bill would allow non-profit child care providers to participate in Small Business Administration (SBA) loan programs.
“When traveling river to river across Iowa, I consistently hear about the difficulties families face in finding affordable, high-quality child care,” said Chair Ernst. “As chair of the Small Business Committee, I’m bringing Iowans’ concerns to Washington. In many of our state’s rural communities, religious organizations often offer the only child care options but for too long have been denied access to federal funding. To drive down prices, I’m dedicated to real solutions like this that expand options and kick down regulatory hurdles on behalf of hardworking families.”
“There is a significant need for additional child care in Decatur County, and oftentimes, for-profit business isn’t able to completely meet that need. If a program like the SBA loan program was available to help fund small, rural, non-profit child care centers, this would help reduce the upfront financial cost of construction and expedite the process of expanding services and adding additional child care slots,” said Shannon Erb, President of Decatur County Development Corporation. “The team at Decatur County Development Corporation wholeheartedly supports this bill and would like to thank Senator Ernst for leading the way to support rural child care. We are excited about the direct impact this could have on the future of our community and other rural communities across the country.”
“The Iowa Women’s Foundation proudly supports the bipartisan Small Business Child Care Investment Act being introduced in the U.S. Senate by Senators Joni Ernst (R) and Jacky Rosen (D). This bill will expand access to quality affordable child care by allowing non-profit child care providers to utilize programs offered by the Small Business Administration,” said Iowa Women’s Foundation. “This bill will help meet a critical need for affordable quality child care in Iowa communities across the state, a major focus of the Iowa Women’s Foundation. We applaud the bipartisan work of Senators Ernst and Rosen in addressing this critical need in our state.”
"As a director of a non-profit child care center in a rural community, we would greatly appreciate the opportunity to apply for the SBA Loans. There continues to be a need for child care that offers families the same quality found in larger communities,” said Tiffany Finch, Director of Cambridge Little Achievers Center. “Allowing non-profit child care centers the same access to SBA Loans would allow us to apply for funding that can focus on the quality and culture of the programs without adding more expense to rural families. The SBA loans can help and invest in our staff and families!"
The bipartisan Small Business Child Care Investment Act would:
- Ensure that qualified non-profit providers have equal access to key SBA loan options that allow providers to invest in and expand their operations;
- Create local jobs and give working families more options for affordable and quality child care; and
- Protect religiously-affiliated non-profit providers access to the larger and more flexible loan programs like 7(a) and 504 that can be used for real estate, construction, remodeling, and other expenses critical to maintaining and expanding high-quality child care operations.
Background:
Ernst has been a strong advocate for increasing access to affordable, high-quality child care in Iowa.
On her annual River to River Tour, Ernst routinely visits child care centers to understand the needs of Iowans and bring their voices to Washington.
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