child care stabilization grant taxable

What dates matter for the child care stabilization grant? When do programs need to recertify their application? To access your existing Child Care Stabilization Grant application, please go to childcare-grants.ocfs.ny.gov. Going forward, child care providers should continue to consider CDC guidance and follow lead agency requirements related to COVID-19, and be prepared to update processes if and when states, territories, and tribes resume pre-COVID policies for parental access to children. associated with the licensed capacity of 50. Stabilization Help Line: 844-863-9319 Hours: Monday - Friday, 8:30 AM - 4:30 PM Broader considerations could include asking: Testing capabilities vary among communities and may be changing often. The ARP Act stabilization funds are designed to support the child care market as a whole by covering business related expenses. The child cannot receive academic credit towards graduation solely for participating in the tutoring or academic support itself, pursuant to 42 USC 9858k(b)(2) and 45 CFR 98.56(c)(2). That said, if a provider is receiving other public benefits based on income eligibility (e.g., health benefits, tax credits, student financial aid) and this grant increases their taxable income to a level that will make them no longer eligible for those benefits, they may need to look very closely at the cost versus the benefit of receiving a stabilization grant. If a tribal lead agency was unable to submit all the information prior to the deadline, a partial application was accepted. This page is located more than 3 levels deep within a topic. The lead agency may use the ARP Act supplemental CCDF Discretionary funds to reduce or waive copayments for a subpopulation of families eligible to receive CCDF. Lead Agencies are permitted to use funds for the establishment and maintenance of computerized child care information systems, including data systems. Documents Center Online Services Media Center Office Locator Report Fraud Home Services Child and Family Child Care Child Care COVID-19 Grant Program Child care programs who have received C3 funding are not considered a direct subrecipient of grant funds and, therefore, are not subject to federal reporting. The capacity parameters for the Stabilization Grant Program Amount is 30 or less, 31-149, and 150 or more. To the extent that child care workers continue to participate in TANF, SNAP, or Medicaid, child care workers would not lose WIC as a result of receiving child care stabilization funding. The application process and distribution structure varies from state to state, so check your local government website to confirm application deadlines and important dates. The tutoring or academic support services do not occur during the regular school day pursuant to 42 U.S.C. Q: Is it better to pay myself with this grant or spend it on items for my business? Providers may also require additional screening processes, such as temperature checks and wearing masks, when feasible, during interactions. The $3.5 billion in supplemental CCDF CARES Act funding is subject to the same tax rules as regular CCDF funding. This could also include adopted children, foster children, and step-children, etc. The Child Care Stabilization Grant (CCSG) Program sustains Arizonas child care network by giving a consistent, reliable funding source directly to child care providers to cover increased cost and challenges due to COVID-19 through June 2023. The Child Care Stabilization Grant is the sole focus of these fiscal monitoring reviews. Each state will receive anywhere from $39 million to $2.9 billion in funding from the grant to distribute as they see fit to eligible child-care providers. The tax implications of the grants depend on several factors, namely, how the provider uses the funds, the providers household income, and possibly the state in which they live. This bill, based on President Biden's bold American Rescue Plan, provides $39 billion in desperately needed child care relief funding. Q: What impact will receiving this grant have on my Social Security benefits? The National Center on Early Childhood Quality Assurance and its partners at First Children's Finance shared information about the stabilization grants coming to states, territories, and Tribes. These funds represent an unprecedented opportunity that will be difficult to realize without adequate staffing. Lead agencies are not required to submit a new separate report to OCC that details how they plan to spend their ARP Act stabilization funds. A: Pay yourself first. Using Indiana's federal COVID-19 relief funding, the Office of Early Childhood and Out-of-School Learning (OECOSL) launched the Build, Learn, Grow Stabilization grant program to provide critical funding to early childhood and school-age providers, support their program's operating expenses and help them rebuild their programs for the future. What is the difference between a major renovation and minor building updates or maintenance? Q: How do I create an emergency fund with this grant? It is important that Lead Agencies have a plan in place to perform essential functions and achieve programmatic continuity during and after an emergency or disaster for families receiving CCDF benefits. Are the C3 Child Care Stabilization grants taxable? The CARES Act created three new temporary federally funded unemployment compensation programs to respond to the economic effects of the Coronavirus Disease 2019 (COVID-19). Funds received prior to the date of closure may be used for approved expenses. CCDF lead agencies have the flexibility to decide whether to disregard many of the COVID-19 supplemental payments to individuals as income when determining eligibility for CCDF subsidies, unless treatment of those payments as income or not is specified in law. Pursuant to Title VI of the Civil Rights Act of 1964, the Americans with Disabilities Act (ADA) and other nondiscrimination laws and authorities, ADES does not discriminate on the basis of race, color, national origin, sex, age, or disability. The request must also provide sufficient detail on the provision(s) from which the Lead Agency is seeking temporary relief and how relief from the sanction or provision, by itself, will improve the delivery of child care services for children and families. If a Lead Agency obligated funds during that time on activities that meet CCDF requirements and were not charged to their FY2018 CCDF allocation, it could re-purpose those funds and instead claim the obligation against uncommitted funds for FY2018 and liquidate those funds in order to meet the liquidation deadline for FY2018. Providers will not be penalized for temporary closures that occur during the grant period, provided they are open and serving children for at least part of that month. Pandemic Unemployment Assistance, which provides benefits for up to 50 weeks to individuals who are not eligible for regular UC or extended benefits and who have been COVID-impacted with regard to their unemployment (minus any weeks of regular UC and Extended Benefits (EB) the individual received); Pandemic Emergency Unemployment Compensation, which provides an additional 11 weeks of benefits, through March 14, 2021, to individuals who have exhausted their rights to regular state or Federal UC benefits; and. I paid myself with the first one in December 2021 and thought this could only be done once, is this correct? Additionally, FMAP rates are applied quarterly, which means that the original FY 2020 FMAP rates apply to CCDF funds received in Q1, but the enhanced FMAP rates apply to CCDF funds received in Q2, Q3, and Q4. Lead agencies should contact their OCC Regional Offices for support and technical assistance related to spending the various funding streams so they can reach child care providers and families quickly. Afterwards it costs $99.00 a year. Likewise, lead agencies have the flexibility to disregard payments made to youth in, or formerly in, foster care through the Chafee Program for Successful Transition to Adulthood as income. However, even if it does push you into a higher tax bracket, it only means you will pay more in taxes on the grant amount that is in the higher tax bracket. Alternatively, a Lead Agency may seek a waiver due to extraordinary circumstances that would allow double subsidy payments to two providers for the same child and period of service. Also, tribal lead agencies may be accountable for reporting to OCC on data elements that would have been included in the application. If a program closes temporarily during the 12-month grant period due to inactive status, will the program still be eligible for the grant during that month? We encourage family child care providers to contact a tax advisor about what should and should not be reported as part of ones AGI. Technical/Business Assistance. FCC programs do not have to serve 10 children at the time of application. Subgrant amounts must be based on a child care providers stated current operating expenses, including costs associated with providing or preparing to provide child care services during the pandemic, and, to the extent practicable, cover sufficient expenses to ensure continuous operations for the intended period of the subgrant. If a provider is in the financial position to provide relief from copayments and tuition for families, they should provide that relief and prioritize the relief for families with incomes below 85 percent of state median income. Yes. Q: Does it matter how much income I made this year to use the Stabilization grant to pay myself? Lead agencies may also use other COVID relief funds (CARES Act, CRRSA ActVisit disclaimer page, and ARP Act supplemental) and regular CCDF funds to also help providers become CCDF-eligible. The provider will provide relief from copayments and tuition payments for the families enrolled in the providers program, to the extent possible, and prioritize such relief for families struggling to make either type of payment. Contact the C3 Help Desk: 1-833-600-2074 eecgrantsupport@mtxb2b.com. However, because this analysis depends heavily on the individuals particular circumstances, we encourage child care workers receiving federal housing assistance to contact their Public Housing Agency (PHA) or Owner for more information. Can these funds be used to help cover the costs of consulting with a tax preparer? a Are the grant funds taxable? However, as stated above, efforts to increase access to licensing is considered a supply building activity. Additional information for tribes that operate their CCDF program under a consolidated 102-477 plan is available here. For each month you receive the CCSG award, a monthly report is due by the last day of the month following your previous months expenditures. Rules as regular CCDF funding with this grant or spend it on items for my business minor updates. It on items for my business data systems however, as stated above, efforts increase. Program Amount is 30 or less, 31-149, and 150 or more lead agency unable. That will be difficult to realize without adequate staffing fcc programs do not have serve.: is it better to pay myself can these funds be used for expenses! A major renovation and minor building updates or maintenance, 31-149, 150. To increase access to licensing is considered a supply building activity for the establishment and maintenance computerized! 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