Today at the White House, President Obama announced $1 billion in public-private investments focused on young children. “Early education is one of the best investments we can make,” the President said during the day-long summit on early childhood funding.
The $1 billion investment includes:
- $250 million in federal preschool expansion grants awarded to 18 states.
- $500 million to expand Early Head Start and child care programs for children birth to age 3. Contra Costa County will receive $1.1 million.
- The launch of Invest in US, a new initiative coordinated by the First 5 Years Fund to provide a call to action for greater investment in early childhood.
- $330 million from corporations and foundations to enhance the quality of early education for thousands of children.