New York City will inject $50 million over four years into the childcare sector to support its littlest learners and help parents get back to work, Mayor Eric Adams announced on Tuesday.
The funds are part of a $100-million public-private partnership introduced at the glitzy Robin Hood gala at the Javits Center Monday night, where philanthropists raised funds for poverty-fighting programs — including an auction for a trip to space on one of Jeff Bezos’ Blue Origin rockets.“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,” he said.
Jeff Bezos and partner Lauren Sanchez were among the guests at the glitzy Robin Hood gala at the Javits Center Monday nightJohn Legend was among the performers to take to the stage during the benefit, which saw philanthropists raise funds for poverty-fighting programsA city press release for the investment — dubbed the Childcare Quality and Innovation Initiative, and funded by state and federal block grants and philanthropic dollars — said the money would go toward making high-quality“Access to...
The recent announcement is part of a broader child care plan that City Hall signaled could be released in “coming weeks.”
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