Pay for Success Round-Up: Third Quarter 2016

Published Tuesday, October 25, 2016 | by Martin Lenarz-Geisen

Quick Facts

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Dear Pay for Success Community,

 Nonprofit Finance Fund (NFF) is pleased to present our latest quarterly round-up of major developments and news from the Pay for Success (PFS) arena in the United States. Below we have highlighted market updates, publications informing the growth of PFS nationally, and open opportunities to engage in PFS activities. As always, more information can be found on the Pay for Success Learning HubMarket updates:

  • Connecticut Family Stability Project Launches A new program designed to promote family stability and reduce parental substance use will help 500 families with young children who are in need of services over the course of four-and-a-half years.
  • US Department of Education PFS Awards Announced Social Finance, Jobs for the Future, and American Institutes for Research were selected to scale career and technical education programs, as well as dual language programs for early learners.
  • DC Water Issues Environmental Impact Bond The DC Water and Sewer Authority issued the nation's first EIB; a $25mm bond that will be used to construct green infrastructure that reduces storm water runoff and improves water quality.
  • Social Innovation Fund Administrative Data Pilot Awards Announced The three administrative data pilot awards are designed to assist PFS projects access the high-quality data that is needed to quantify an intervention's impact in such projects.
  • Michigan PFS Pilot Program Launches Spectrum Health's Strong Beginnings program, aimed at improving health and early childhood development outcomes for high-risk mothers and their babies, will be expanded to serve 1,700 families.

Voices from the field:

    Opportunities to engage:

    Be sure to check out the Pay for Success Learning Hub and follow us on Twitter (@NFFSocialImpact) for the latest updates. And, as always, feel free to contact us with inquiries or Pay for Success-related resources you would like added to the Hub. 

    -NFF's Pay for Success Team