1. Checks will not be available for pick-up at our offices at this time, due to the COVID-19 pandemic.
Stabilization grant funds will be disbursed by mailed check every 3 months, as long as, proof of expenses are turned in on time.
2. Current year W-9’s must be submitted, to receive Stabilization grant funds.
3. Applications for the stabilization grant application will be valid for 1 year. Funds will be reevaluated at 3 months. If expenses and operating costs have changed, the expenses and operating costs portion of the application will need to be updated, with proof of operating costs.
4. All stabilization grant funds must be used by September 30, 2024.
5. Stabilization grant funds must be spent on:
- Rent, mortgage, or utilities
- Payroll, benefits, and staff bonuses
- Staff training and professional development
- Maintaining or improving your facility
- Cleaning supplies and PPE
- Consultations with nurses or other medical professionals to ensure a healthy environment
- Mental health supports for staff and children
6. Any funds spent outside of the above categories will result in a cancellation of funds and any funds that have been paid out, must be repaid to ITCN CCDF.
7. If approved, providers will receive funds within 30 days of submitting their application.
8. Providers must keep all receipts and records of payments that have already been made to reimburse your business using the child care stabilization grants OR payments/purchases that you will make in the term defined by your state, tribe, or territory using the child care stabilization funding.
Track your expenses in your accounting software or collect documentation in a specific folder or file on your computer. Make photocopies of paper records or back up your electronic files as a security measure.
9. Proof of expenses must be turned in every 10 weeks after payment to receive the next set of funds, to ensure the stabilization grant is being spent properly. See “Proof of operating costs” section for required documents.
- CCDF ITCN will issue a payment schedule for providers to ensure proper forms are turned in on time.
10. Stabilization Grant Funds are based on the availability of funds and grant amounts are based on the discretion of ITCN CCDF and the provider’s operating costs.
11. If grantees need to move funds to an expense category other than what was listed on the original application, a Subgrant Amendment form must be filled out and authorized prior to spending.