New Jersey A3437 requires the Department of Human Services to create financial incentives to encourage private investment in child care facilities in.

New Jersey A3437 mandates the Department of Human Services to establish financial incentives to attract private investment in child care facilities in areas where demand for quality child care services exceeds supply, known as child care deserts. The bill defines a child care desert as a community or geographic area where the demand for quality child care services surpasses the available supply. The incentives may include tax credits, tax exemptions, loan guarantees, and assistance with recruiting, hiring, and training employees.

New Jersey A3437 requires the Department of Human Services to create financial incentives to encourage private investment in child care facilities in.

New Jersey A3437 mandates the Department of Human Services to establish financial incentives to attract private investment in child care facilities in areas where demand for quality child care services exceeds supply, known as child care deserts. The bill defines a child care desert as a community or geographic area where the demand for quality child care services surpasses the available supply. The incentives may include tax credits, tax exemptions, loan guarantees, and assistance with recruiting, hiring, and training employees.