Recap of Community Connection Event: Lyndsay Carey & Tyler Gualdoni Discuss MI Tri-Share Program
In November, our Morning Brew session welcomed Lyndsay Carey and Tyler Gualdoni from Marquette-Alger Regional Educational Service Agency (MARESA). The focus of their presentation was the Michigan Tri-Share Childcare Program, an innovative cost-sharing initiative that divides the expense of childcare equally among the employee, employer, and the State of Michigan. The MI Tri-Share Program is available to eligible families across all fifteen counties in Michigan’s Upper Peninsula.
Overview of the Michigan Tri-Share Program
Launched as a pilot in 2022, the Michigan Tri-Share Program aims to reduce the burden of childcare costs for working families across the state. Lyndsay and Tyler provided valuable insights into the program’s structure and how both employers and families can benefit. The session also covered eligibility criteria and practical tips on participation, empowering attendees with the information needed to determine if this program is the right fit for their families or workplaces.
Key Details from the Morning Brew Discussion
Do all families qualify for the MI Tri-Share Program?
Eligibility is based on income guidelines set annually by the State of Michigan. For 2024, households must have an income below 325% of the Federal Poverty Level to qualify. For example, a three-person household must earn less than $83,915 annually.
What if the employee’s annual income exceeds the published guidelines?
Lyndsay and Tyler recommended that families visit mitrishare.org to explore additional resources or options, even if their income slightly exceeds the threshold.
Does the employer have to participate?
Yes, employer participation is essential in this program, as they must cover one-third of the childcare costs.
Does the childcare provider need to be licensed or can family members providing care be reimbursed?
All childcare providers must be licensed in the State of Michigan to participate in the MI Tri-Share Program, ensuring a standard of care for participating families.
What if families only need childcare in the summer months?
The program accommodates flexible needs, including full-time, part-time, and seasonal childcare. Families are encouraged to apply even if they only need childcare intermittently, such as during summer months.
Why Should Employers Participate in the MI Tri-Share Program?
Offering childcare support can be a game-changer in today’s competitive labor market. By participating in the MI Tri-Share Program, employers provide a crucial benefit that aids in attracting and retaining talent, especially among working parents. This program not only helps alleviate the financial burden of childcare but also supports a family-friendly workplace culture, which can improve employee morale and productivity. In a market where skilled workers have many options, the MI Tri-Share Program allows employers to stand out, demonstrating a commitment to their employees’ work-life balance and overall well-being.
As an employer, are there ways to manage annual costs?
Yes, employers can set limits on their contributions to the program to ensure they stay within budget.
What if my employer wants to participate but employees do not meet the income guidelines?
For situations where employees are not eligible under the MI Tri-Share Program, employers can opt for the Duo-Share program through United Way. In this case, the employer still covers one-third of the childcare cost, but state funding is not provided.
Who else should consider the Tri-Share program?
Childcare providers who already offer employee discounts may benefit significantly from the MI Tri-Share Program. By enrolling in the program, employers in these settings could pay only a third of the cost, with the state covering an additional third, thereby reducing the employee’s financial burden.
Conclusion
The Morning Brew session was an insightful discussion about the Michigan Tri-Share Program, offering a practical solution to one of the most significant financial challenges for working families. Lyndsay Carey and Tyler Gualdoni provided clear answers to common questions, emphasizing the flexibility and accessibility of the program. This initiative not only aids families but also fosters a supportive work environment, giving employers a valuable tool for supporting their team members.
The purpose of Morning Brew is to foster connections within the community, encouraging participants to interact with local leaders, business owners, and hometown heroes. Hosted at The Grind Coffee House, these events serve as a platform for meaningful discussions about current events and development in our community. Learn more.
Article by, Jennifer C. Watson, CEO, of Limestone FCU
Resources:
- Michigan Tr-Share Program
- MARESA Michigan Tri-Share Program
- New child care program hub announced in Upper Peninsula
