New York State Wants To Put “Money In Your Pockets”

One of Gov. Katy Hochul's top goals for 2025 is to put more "money in your pockets."

How does Hochul plan to put "money in your pockets?" She hopes to increase the child tax credit as part of her Affordability Agenda in 2025.

Hochul Aims To Make Child Care More Accessible And Affordable In New York

Hochul released new plans to "make child care more accessible and affordable in New York."

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“As a young mom, I had to leave a job I loved because we couldn't find child care. No parent in New York should be forced to make that choice,” Hochul said. “I pledged to invest a record-breaking $7 billion in child care because I know working families need the help. These new proposals will make a real difference in making child care more affordable and accessible for all New Yorkers.”

$110 million Child Care Construction Funds

In the 2025 State of the State, Hochul is proposing to build new child care facilities and repair existing sites, "making this critical service more accessible in child care deserts."

Money will be granted to child care providers to construct new facilities or repair existing facilities.

“Substitute Pool” To Expand Child Care Workforce

Hochul also hopes to create a “substitute pool” to expand the child care workforce, helping providers find trusted, vetted professionals to quickly step in and keep classrooms open.

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Goal Of Universal Child Care

The Governor also plans to form the New York Coalition for Child Care. This will bring together business leaders, labor unions, service providers and tax experts to identify a sustainable path forward for achieving universal child care.

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"This will be a partnership will work to identify a sustainable path forward for achieving universal child care. Their task will be to expand the existing child care assistance system while also building more options to make quality child care more affordable and accessible for middle-class families who are not currently eligible for income-based subsidies," Hochul's office stated.

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