Hyannis, MA – MassDevelopment has provided a $350,000 loan to the YMCA Cape Cod, which will use proceeds to construct a new 5,314sf early childhood care center, named the Hyannis Village Marketplace Early Education Center at 261 Stevens St.
The build-out will expand the YMCA’s existing childhood care program to serve 65 additional children. The $1.7 million project is also supported by a $1 million Early Education and Out of School Time (EEOST) Grant and an additional $350,000 in donations and contributions.
“The availability of affordable and quality child care is critically important to support Barnstable’s working parents and their young children,” said Barnstable Town Manager Mark Ells. “We applaud the YMCA for recognizing and responding to this urgent community need, and for all of their organization’s valuable contributions to Barnstable’s quality of life.”
Founded in 1966, the YMCA Cape Cod has spent more than 50 years serving the community and social needs of various towns across Cape Cod, from delivering affordable early childhood education, to offering teen leadership and career development opportunities, to teaching children on the Cape how to swim.