Public Sector Solutions, Economic Mobility, Health, Homelessness & Housing, Results-Based Funding
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Bank of America partnered with Social Finance to conduct a feasibility study that identified potential Pay for Success (PFS) projects to serve veterans. After analyzing high-quality interventions, Social Finance identified three options for PFS projects to scale up effective programs for veterans: Individualized Placement and Support, the Transitional Care Model, and Permanent Supportive Housing.
Through this first-of-its-kind feasibility study, we’ve assessed the viability of using PFS financing to expand evidence-based services for veterans in the areas of employment, wellness, and housing.
Veterans CARE Project Summary
Following sustained, strong veteran employment outcomes throughout this period, the Commonwealth of Massachusetts funded a 15-month extension of Veterans CARE beginning in October 2021 and continuing through at least December 2022.
Supporting Veterans with PTSD: Enabling an Individualized Approach to Job Search and Placement
Veterans CARE embedded Individual Placement and Support (IPS) services at four VA medical centers in New York and Massachusetts. IPS prioritizes rapid job search for employment opportunities that match an individual’s needs, talents, and preferences,…
Workforce Realigned: Worker Voices Video
This video highlights the voices of workers and some of the challenges they face in the workforce, drawing from three case studies within the book: the Veterans CARE Pay for Success Project (Chapter 2), San…