The Adams administration plans to use a $4 billion windfall from Albany to build more child care centers in low-income areas and provide employers with tax credits to subsidize the cost of care for their employees.
“It’s brilliant. It’s the type of innovation that’s necessary,” said Ben Newton, co-founder and chief operating officer of Vivvi, an employer-sponsored child care company. “One hundred years ago, if someone wanted to start a child care center in the city, you’d build it in a church basement. Today it’s incredibly difficult for an entrepreneur to create new child care centers.”
New York’s child care industry is at a crisis point, according to
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