The Childcare Reinvestment Business Fund (CRiB) is a forgivable loan program designed to sustain and stimulate the growth of new and existing child care businesses in the City of Pittsburgh.

  • Loan information

    Minimum loan amount of $5,000

    Maximum loan amount of $20,000 or 90% of total project costs

    Borrowers who complete sponsored additional training through Chatham University are eligible for an additional $5,000

    Within three years, borrowers can request to have the loan 100% forgiven

    Loans are subject to funding availability

    There is a $50 application fee. Upon loan closing, a 4% administrative fee will be retained

  • This fund can be used for

    Working capital
    Payroll
    Enrollment scholarships
    Equipment
    Software
    Supplies
    Leasehold improvements
    Staff education

    Preference will be given to minority-led businesses and non-profits, entities that enroll a significant percentage of children receiving subsidies, and applicants that demonstrate financial need.

  • Technical assistance is available for

    Application assistance

    Credit counseling

    Continuing education for child care business owners/directors

  • Next steps

    Review detailed guidelines

    Gather W-9 tax return/financial documentation

    Submit completed application

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