The Connecticut Center for Economic Analyses at the University of Connecticut used the REMI platform to conduct an economic impact study on the All Our Kin, Inc. Child Care Licensing Program that addressed the New Haven area’s increasing need for affordable, high-quality child care. This evaluation demonstrated that in both helping graduates increase their household incomes and facilitating access to child care and thus permitting more parents to enter the workforce, the program’s initiatives resulted in average annual benefits of $7.2 million in Connecticut’s gross state product, $7.4 million in New Haven’s gross regional product, and $12.5 million net fiscal impact. The most impressive finding was that the aggregate impact of the program was achieved at a very modest cost as every $1 of programmatic expense resulted in between $15 to $20 of macroeconomic benefit.
