Today, LIIF staff attended the grand opening of the new North Bay Children’s Center (NBCC) campus in Novato, California. First Partner Jennifer Siebel Newsom delivered the keynote, with opening remarks by Marin County Supervisor Eric Lucan and the Governor’s Chief Service Officer Josh Fryday.
LIIF has stood by this center’s side for 18 years, originally with a $20,000 planning grant way back in 2007. More recently, the facility received a $1.5 million grant from the California Department of Social Services’ Infrastructure Grant Program, which LIIF administers as facilities fund manager. Just last week, LIIF closed a $750,000 Brighter Futures Fund (BFF) loan for NBCC; BFF is a LIIF partnership with Goldman Sachs. This BFF loan, along with the state grant and many other sources of support, has enabled North Bay Children’s Center to own their first space in Marin County, which an Aug. 20 Wall Street Journal article, “How Much Daycare Costs Across America,” listed as the nation’s sixth most-expensive county for child care ($127,000 for the five years of #childcare up to age 5 when kindergarten begins).
Watch video.
This facility is more than classrooms and walls. It’s a promise to provide a safe, nurturing environment for children to play, to learn and grow — and it’s also a promise for our community to be a hub of resilience, learning and a connection for generations to come.
North Bay Children’s Center Founder/President and CEO Susan Gilmore