Q&A
Discussion on bridge loans for providers and communication issues
2:00:39
ยท
55 sec
Council Member Shahana K. Hanif inquires about the bridge loan process for providers experiencing payment delays, highlighting communication gaps.
- Questions why Ingrid from Nuestros Ninos wasn't aware of the bridge loan option
- Deputy Chancellor Hawkins explains that providers are typically informed about bridge loans when they reach out about cash flow issues
- Council Member Hanif points out that the onus is falling on the provider to initiate the process
- Hanif expresses approval for the planned new data system to address payment issues
- Emphasizes the increasing childcare needs in New York City and the importance of updating the system
Shahana K. Hanif
2:00:39
Can you just share why she didn't know about the loan?
2:00:42
How are how are these loans being what's the engagement around outreach?
Simone Hawkins
2:00:47
I cannot speak to why she didn't know but we often, you know, if a provider reaches out letting us know that they're having cash flow registration issues, we do inform them about that possibility.
Shahana K. Hanif
2:01:00
Okay so the onus is falling on the provider.
2:01:03
Glad to hear that there's going to be a new data system.
2:01:06
I mean we are in a moment of uptick in childcare needs and so many more families are in New York City and we can expect so many more families to be in our city that has so much protections for our people.
2:01:25
An archaic system should not be what we're using at this time and I look forward to learning more about how that's going to work Absolutely.