Stabilization Grant Timeline – 2 Quarterly Payments Left
July marked the fourth quarterly payment of Child Care Stabilization Grants. When the funding program launched last October, DCDEE planned to provide six quarterly payments over 18 months.
The 5th quarterly grant payment will go out around mid-October. To receive funds, child care programs will need to submit a quarterly update for Quarter 4: July 1-September 30, 2022 expenditures, and a recertification application in early October.
All child care program grantees will see an additional reduction in the Fixed Costs grant for the October quarterly payment. Note that if the grantee is receiving Option 2 Compensation Supports and has a 3, 4, or 5-star rated license, the bonus portion of the Compensation grant will also be smaller.
Changes in the Fixed Costs and Families Grant don’t affect the amount of Compensation Grants Option 1: Bonuses.
The 6th and final payment is scheduled for January 2023.
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