Since 2022, the District of Columbia has invested in the Early Childhood Educator Pay Equity Fund to achieve pay parity between early childhood educators and their K-12 counterparts. Research to date has shown that the fund has many benefits, such as increasing retention of qualified educators and improving the quality of care. Beginning in fiscal year (FY) 2024, the fund's structure changed from direct payments for eligible educators to funds distributed to participating child care employers according to a payroll funding formula. This summary highlights the reported benefits of the FY 2024 implementation of the fund for early educators' financial well-being and mental health. The authors present findings from a voluntary web survey of 1,525 early educators and 67 home-based child care providers conducted in September-October 2024. The survey data suggest the fund is working to alleviate high rates of food insecurity and symptoms of poor mental health among early educators and supports their well-being as intended.