In response to new and improved crib safety standards instituted last year by the U.S. Consumer Protection Safety Commission, the Vermont Community Loan Fund (VCLF) has announced a new loan program to help child care programs pay for purchases of new, safety compliant cribs. All cribs purchased before June 28, 2011, must be replaced with new cribs which meet the new safety regulations. The new loan program, known as CRIBS, for Capital Resources for Infant Bed Safety, will provide loans for crib purchases to qualified Vermont child care programs. Click here for a CRIBS loan application.
VCLF Executive Director Will Belongia, commented on the CRIBS loan program, explaining “Infant cribs represent a significant expense to child care providers, typically costing between three and twelve hundred dollars. The new CRIBS loan program will ensure that our state’s child care programs are able to act quickly to comply with the new crib safety regulations, without any interruptions in their service to the Vermont families that rely on them.”
VCLF Child Care Programs Director Hope Campbell said “All cribs purchased prior to the June, 2011 date must be replaced by December 28, 2012. They can’t be retrofitted, so child care providers will have to respond quickly to remain in compliance. That’s why VCLF felt that the CRIBS loan program was essential to introduce.” VCLF has been working with Vermont child care providers for over a decade, providing access to loan capital, grant support and business-related technical assistance.