Alternative Financing Model for New Childcare Site

Sunset Bay Community Services (SBCS) provides early childcare options for Sunset Park, a Brooklyn neighborhood with the highest birth rate in New York City and mainly comprised of new immigrants. SBCS is currently looking to open additional childcare service sites to accommodate the shortage of affordable child care in this area. A Capstone team helped SCBS identify and finance new childcare sites, researching alternative financing methods and interviewing experts about various potential financing models. In addition, the Capstone team surveyed Sunset Park’s population childcare needs and financial constraints. The team incorporated its findings into a dynamic financial model that allows SBCS to adjust its financing assumptions based on each potential childcare site. The team’s final report included case study highlights of relevant financing examples, a rubric to evaluate potential sites, and an interactive financial model.