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Wednesday, November 19, 2008

Freddie Mac preschool threatened by economic downturn


The Child and Family Network Center provides free preschools for needy children at six locations in Alexandria and Arlington County. The schools remain open with money from the Freddie Mac Foundation, and are now threatened with closure because of funding cuts. Since the government took over financial giants Freddie Mac and Frannie Mae — the source of its $250,000 grant — the preschools seems to have few options.

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