Adams announces $50M in childcare funding, with another $50M in philanthropy

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Adams announces $50M in childcare funding, with another $50M in philanthropy
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'We need to get New Yorkers back to work and lower the cost of childcare — both of which will uplift families and remove the obstacles that are holding too many parents back,” Mayor Adams said in a statement regarding $50M in new funding for childcare.

Funds may also be put toward developing service options for parents with non-traditional working schedules, and toward addressing some of the broader issues that have long plagued the under-resourced industry: sweeping site closures and low wages for workers.

The child care debate took center stage in Albany in the months leading up to the state budget, which was passed last month. The final outcome came above Gov. Kathy Hochul’s initial pitch of $1.4 billion, a figure advocates balked at as a minimal investment to address a growing crisis.

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