• Expand the supply of quality child care, especially for overlooked and under-resourced families and communities.
• Increase the resilience of child care businesses by providing stable leases as a child care friendly landlord.
• Increase the revenue of child care providers by creating opportunities to expand their business to serve more children and families.

You will be leasing a child care optimized house from a friendly and helpful landlord that understands the needs of child care. CARE Nevada is committed to helping you grow your business and serve more children and families.

CARE Nevada is looking for tenants with experience providing care in their home/apartment for other families’ children. We prefer applicants who have provided home based care for at least two years, but will consider applicants with slightly less than two years if they also have worked as a child care teacher in other settings.

For an unlicensed family child care provider to be eligible for CARE Nevada, you must be able to demonstrate you have been providing child care to unrelated children as a registered license-exempt family, friend, or neighbor (FFN) provider for at least two (2) years. Securing affordable, stable housing has been an obstacle for many registered FFN providers to become a licensed family child care in Nevada. This opportunity was created with these individuals in mind, as well as for family child care providers with a small license to expand to a large group child care home license.

Yes, as long as you can show that you have operated family child care for at least two years, inclusive of time as an unlicensed provider and the time as a licensed provider.

CARE Nevada aims to increase the availability of child care slots in the region. Therefore, we are looking for child care providers who will be able to serve more children and families by moving into a CARE Nevada property.

Yes, at this time CARE Nevada is only available to child care providers providing services in Clark County, Nevada.

CARE Nevada rents its properties to child care providers. If you already own your home, you don’t need to move to a rented property.

CARE Nevada tenants must serve at least 1/3 of the families participating in the Nevada Child Care Subsidy Program.. If your families don’t currently meet this requirement, you will have the opportunity to share with us your plan to include subsidy participants once you move into a CARE Nevada property.

We review submissions daily. You will receive an email within 3 business days with information about the next steps.

Providers who meet all need, quality, and capacity requirements as determined by the questionnaire, interviews, verifications, and documentation will be invited to become a CARE Nevada tenant candidate. Not all CARE Nevada tenant candidates will match with a property.

Financial health coaching and support services will be provided to CARE Nevada tenants to ensure the tenants overall financial health allows them to be resilient, pursue opportunities, manage their business finances, and grow wealth.

CARE Nevada tenants may have an opportunity to purchase the property after two (2) years, subject to federal rules and regulations.

CARE Nevada is a new initiative funded in part by the Department of Health and Human Services, Division of Welfare and Supportive Services Grant Number 2101NVCCC5 from the Administration for Children and Families, Child Care and Development Block Grant – Coronavirus Response and Relief Supplemental Act (CRRSA), as a way to increase quality licensed child care in Clark County, especially for overlooked and under-resourced families and communities. Under the terms and conditions of the federal grant award, funding must be fully expended by September 30, 2023.

If you are selected as a CARE Nevada tenant candidate, we will notify you when there’s a property that appears to be a match for you. If you like the property and lease rate, we will discuss the timeline for renovations, licensing, and occupancy, which will vary depending on the property. If you have a time consideration, such as the expiration of your current lease, it is important that you share this with us during the screening process.

No. CARE Nevada will review your completed form(s) and follow up with an interview and reference check to determine if you meet the CARE Nevada tenant candidate criteria. However, not all child care providers who are approved as a tenant candidate will match with a property.

Your lease with CARE Nevada will state that you must be operating child care services while renting the property. Therefore, if you decide to end your child care business you will have to relocate.

A real estate investment trust (REIT) is a company that owns and operates rental properties. REIT pool money from numerous investors to invest in real property.

Yes, we may request documentation to determine if you meet the CARE Nevada tenant criteria. We may also request documentation during the Financial Discovery process, as we work together to determine your rent affordability threshold.

There are no fees to complete an interest form or become a CARE Nevada tenant candidate.

After at least two (2) years of leasing from CARE Nevada, you may have the opportunity to purchase the property, subject to federal limits on how many properties we can sell each year. If there has been an appreciation in the value of the property while leasing, CARE Nevada will apply half of the appreciation to the purchase price to help make it more affordable for you.

We will forecast together your future child care business earnings and expenses and consider your other household income and obligations to determine how much rent you can afford to pay in a CARE Nevada property.

To be eligible for CARE Nevada, you must be able to demonstrate you have been in operation for at least two (2) years, willing to move to another location, and willing to expand your license for Group Family Child Care.

Mission Driven Finance is an impact investment firm dedicated to building a financial system that ensures overlooked businesses have access to sufficient, affordable capital.