New America's analysis of recovery fund reporting data finds that states and localities are directing at least $3 billion from ARPA’s State and Local Fiscal Recovery Fund to seed more than 700 innovative and ambitious care investments in five areas that lower costs for families and invest in America and its people: child care; expanded preschool and early learning opportunities; home and community-based care; child tax credit enhancements; and paid family and medical leave. (author abstract)