Sec. 10a-194c. Connecticut Child Care Facilities Program.
Sec. 10a-194c. Connecticut Child Care Facilities Program. (a) The Connecticut
Health and Educational Facilities Authority shall establish a program to finance low
interest loans for child care and child development centers, family resource centers
and Head Start programs that shall be known as the Connecticut Child Care Facilities
Program. Loans shall be made for the purpose of new construction or renovation of
existing centers or complying with federal, state and local child care requirements, including health and safety standards. For purposes of this section, "child development
center" means a building used by a nonprofit school readiness program, as defined in
section 10-16p, and "child care center" means a nonprofit facility that is licensed by the
Department of Public Health as a child day care center or a group day care home, both
as defined in section 19a-77.
(b) The authority may issue bonds pursuant to section 10a-185 for the purpose of
funding loans to child care and child development centers for the purposes provided in
subsection (a) of this section, including for two or more child care or child development
centers jointly, which bonds may be secured, in whole or in part, by a pledge of revenues
to be derived from the operation or use of a child care or child development center,
including third party payments made on behalf of children served by any such center
to the extent permitted by law. In carrying out the purposes of this section, the authority
shall have and may exercise the powers provided in section 10a-180.
(P.A. 97-259, S. 12, 41; May Sp. Sess. P.A. 04-1, S. 32.)
History: P.A. 97-259 effective July 1, 1997; May Sp. Sess. P.A. 04-1 designated existing provisions as Subsec. (a) and
added Subsec. (b) re bonding for loans to child care and child development centers, effective June 8, 2004.