Last week we were in Washington D.C. to attend several meetings and to rally support for two bills currently in the House and Senate.
HR 2628 is a 5-year extension of the New Market Tax Credit program. Last year, through our efforts, we were able to get 11 out of 18 representatives and both senators to sign on to this bill. While it didn’t make it through, the 1-year did. However, Ohio’s strong support of the program (and of Finance Fund) is evident.
HR 1685 is the Child Care Financing Act of 2009. This is would create a flexible pool of capital for early childhood facilities development in low-income communities across the country. NCFN is pushing this legislation, and as a member, we are too.