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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.
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.
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.