Pay for Success is a powerful tool to help governments improve outcomes in their communities. The Social Impact Partnerships to Pay for Results Act (the Results Act), established a $100 million fund to support state and local government Pay for Success (PFS) initiatives. Results Act funding will support communities in addressing chronic social issues ranging from maternal and child health, recidivism, and workforce development, to name a few.
Social Finance is offering free technical assistance (TA) to up to four government partners interested in accessing Results Act funding. Social Finance will dedicate a three person team to each government partner for up to four months to design a Pay for Success project and support the submission of a Results Act application. Learn more about the Results Act at socialfinance.org/SIPPRA.
Timeline: Applications for technical assistance will be reviewed on a rolling basis starting December 17, 2018. We will select up to four jurisdictions and expect to begin providing TA in early 2019. The U.S. Department of Treasury is administering the Results Act fund and is expected to release a Request for Proposals in February 2019.
How do I apply for free technical assistance?
Please find the application here, which will ask you to briefly describe the problem you want to address with Pay for Success. Send your responses in Word or in the body of an email to SIPPRA@socialfinance.org.