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Results-Based Funding
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This report details Social Finance’s findings in a feasibility study conducted for the City of Philadelphia. The study assessed the potential implementation of a Pay for Success (PFS) program that targeted reducing recidivism of returning citizens and system-involved youth placed in out-of-county residential facilities. The results showed that workforce-reentry is the most feasible opportunity to utilize PFS to reduce recidivism in the Philadelphia Prison System.
Related Insight
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Challenging the Status Quo: Philadelphia’s Exploration of Pay for Success
This report details Social Finance’s strategy in assessing the feasibility of the implementation of PFS in Philadelphia.
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An Introduction to Pay For Success
Pay for Success is a set of innovative outcomes-based financing and funding tools that directly and measurably improve lives by driving resources toward results. Watch this video overview.