The bill aims to enhance the early learning facilities grant and loan program in Washington by revising eligibility criteria and providing additional resources to the Ruth LeCocq Kagi early learning facilities development account. Key amendments include the removal of specific funding caps for facility predesign grants and loans, which were previously limited to $20,000, and for minor renovations or repairs, which were capped at $200,000. The bill introduces new provisions allowing grants or loans for renovations or repairs of existing early learning facilities and emphasizes prioritizing applications for facilities ready for construction. Additionally, it allows for reimbursement of 90% of eligible project costs for early learning facilities that are co-located with affordable or supportive housing developments.

The bill also outlines the eligibility criteria for organizations seeking funding, which includes early childhood education providers, licensed early learning centers, and local governments, among others. To qualify for funding, organizations must commit to participating in the early achievers program and demonstrate control over the project site for at least ten years. Furthermore, the bill stipulates that if a recipient fails to meet the program's conditions, they must repay the grants, although repayment is waived as long as the facility continues to be used for early learning purposes. The act is set to take effect on July 1, 2025.

Statutes affected:
Original Bill: 43.31.577, 82.87.030, 82.87.150
Substitute Bill: 43.31.577, 43.31.575, 43.31.569, 28A.515.320
Bill as Passed Legislature: 43.31.577, 43.31.575
Session Law: 43.31.577, 43.31.575