The Board of State and Community Corrections (BSCC) is pleased to announce the availability of approximately $5,000,000 for the Social Innovation Financing Program enacted through Assembly Bill (AB) 1837 (Atkins, Ch. 802, Stats. 2014) and funded through the Recidivism Reduction Fund. This program entitled the “Pay for Success (PFS) Grant Project” is an innovative funding model that can help government better serve vulnerable populations. The broad purpose of these funds is to reduce recidivism using evidence-based approaches that may address such issues as homelessness, substance abuse and unemployment. Under a PFS model, governments, service providers, and funders agree on targeted outcomes for underserved populations. Private investors and philanthropy provide flexible multi-year operating costs to fund effective interventions aimed at recidivism reduction. If and when targeted outcomes are achieved government makes “success payments” to investors, who may recycle their returns to further impact social change.
The BSCC shall select three counties to receive grant funding. County Board of Supervisors may apply for grant funding in amounts of not less than $500,000 and not more than $2,000,000 for local pay for success projects. Counties are required to provide a 100 percent match of the grant awarded. Pursuant to AB 1837, successful proposals will be funded for a project period that will commence on May 1, 2016 and end on October 31, 2019. On August 31, 2015, AB 1056 was amended which, pending signature by the Governor, will extend the project period to October 31, 2021.
The due date for eligible proposals is 5:00 p.m., February 1, 2016. A copy of the RFP is available on the BSCC website at http://www.bscc.ca.gov/. A Bidders’ Conference will be held On October 20, 2015 from 10:00 am to 2:00 p.m.at the BSCC to review the PFS model and explain the elements of the Request for Proposal and grant requirements.
For additional information regarding the RFP, contact Colleen Stoner, Field Representative by email at [email protected] or by telephone at (916) 324-9385.