Projects

Home for Good (HFG) is a $12.75 million Pay for Success project designed to help 150 residents of Anchorage, Alaska experiencing persistent homelessness access permanent housing and supportive services. The Municipality of Anchorage, the United Way of Anchorage, Social Finance, and over 20 other government, nonprofit, and philanthropic organizations are collaborating on this three-year initiative, which launched in October 2020.

This project represents an innovative approach to Pay for Success financing where philanthropy provides initial funding and then government takes over financial support in later stages, so long as outcomes are achieved.

Social Finance is partnering with Acuitus, an education provider dedicated to transforming students into information technology (IT) experts, and impact investors on a Career Impact Bond. The project serves 300 students who are unemployed or underemployed, including veterans and civilians, with the objective of transitioning each graduate into the workforce and into sustainable, leading-edge IT careers.

Social Finance is partnering with General Assembly (GA) and impact investors to launch the first-ever Career Impact Bond. The project serves 1,000 individuals across 10 U.S. cities, enabling them to develop in-demand coding skills, prepare for sustainable careers in the booming information technology (IT) space, and ultimately achieve improved economic mobility.

To analyze First 5 Riverside's tiered reimbursement system for early learning programs and provide recommendations.

To build a flexible social impact bond (SIB) simulation model that can be used to demonstrate program impact to private- and public-sector stakeholders.

Develop a roadmap for the Connecticut Office of Early Childhood, in partnership with the Department of Social Services, to implement Medicaid financing for evidence-based home visiting.

To establish the long-term viability of important home visiting services and ensure positive outcomes for children and families in the greater Kansas City area.

Providing strategic planning in support of scaling of The Excel Center model, which awards industry recognized certifications and high school diplomas, not GEDs, to adult learners who dropped out of high school.

Supporting the creation of a Development Impact Bond to eliminate cholera in Haiti.

Social Finance is part of a consortium of impact-oriented organizations building a Resilience Screen for 100 Resilient Cities and the Rockefeller Foundation. The screen will be used by the Rockefeller Foundation’s Urban Resilience Fund (TURF) to identify and evaluate the resilience value of infrastructure projects. TURF is a global fund dedicated to facilitating investment in resilient urban infrastructure projects, demonstrating the value of the resilience dividend, and providing support for global cities' efforts to improve their resilience. Through this project, Social Finance is leveraging its deep expertise valuing social and environmental outcomes by specifically working to develop a tool that identifies and evaluates an infrastructure project’s key resilience features, unintended consequences, and positive social and environmental co-benefits.

We are working with the Bush Foundation and ThinkND to assess the potential of using Pay for Success to improve behavioral health outcomes in North Dakota.

To assess the feasibility of using outcomes-based financing to scale civil legal aid services in the United States.

Advise the division of Prevention and Early Intervention within the Texas Department of Family and Protective Services on opportunities to incorporate outcome-based contracting across its early childhood programs.

Social Finance has worked with the Concordance Academy of Leadership in two advisory engagements to develop strategies for securing outcomes-based public funding to expand the program's holistic reentry services for recently released individuals in Missouri and beyond.

Test new tools, approaches and partnerships focused on the value of prevention, with the goal of creating transformations in practice and policy that will address the root causes of health and violence, with support from the Blue Shield of California Foundation.

Social Finance is working with Upstream to develop strategies for securing public funds to deliver training and technical assistance services that reduce unplanned pregnancies nationwide.

Social Finance is working with Utah to design an outcomes-based contract that pays on success if adults on public assistance, who do not have a high school diploma, achieve education and workforce outcomes.

To support Goodwill's implementation of Nurse-Family Partnership in Indiana and monitor its expansion to support effective programming.

To develop and implement outcomes-based funding strategies to improve newborn health in the State of Washington.

To build outcomes-based financing tools to reduce chronic homelessness in the Bay Area with funding from the Citi Community Progress Makers Fund.

To advise the Federal Reserve Bank of Philadelphia on how to design an outcomes-based workforce investment fund, with employers as payors.

The Lee Pesky Learning Center is working with Sorenson Impact Center and Social Finance to use Pay for Success to meet the learning needs of the most vulnerable children in Idaho, by expanding their Idaho Early Literacy Project.

Social Finance is working with Riverside County Executive Office to develop an outcomes rate card to improve services for children of incarcerated parents (CIP).  An outcomes rate card will help Riverside County expand the range of services needed to adequately support CIP, driving resources toward high-quality service providers and meeting the diverse needs of impacted children to help set them up for long-term success.

The Yale Child Study Center and the Connecticut Office of Early Childhood are working with Social Finance to design an outcomes rate card addressing early childhood outcomes, building on the state’s history with Pay for Success.

The Workforce Investment Network, a Tennessee-based community resource that prepares job seekers for success and helps connect them with employment opportunities, is working with Social Finance and Memphis Tomorrow to develop a rate card serving individuals at a moderate-to-high risk of re-offending.

Workforce Solutions Capital Area is receiving technical assistance from Social Finance to plan, design, and execute an outcomes rate card that targets educational and employment outcomes in Austin and Travis County, Texas. Services will target residents of low-to-moderate income to improve limited education and language skills, credential completion, job placement, retention, and earnings.

United Way of Anchorage is partnering with Social Finance to develop an outcomes rate card that expands Permanent Supportive Housing for individuals experiencing homelessness, who are frequent users of the criminal justice and health care systems.

The Ohio Department of Health will develop an outcomes rate card for Ohio’s home visiting system to improve outcomes for low-income, at-risk expectant parents, reduce its infant mortality rate, and address the racial disparity in infant mortality.

Fairfax County, Virginia is partnering with Social Finance to develop an outcomes rate card that improves outcomes for low-income and immigrant families, through its Strengthening Families Program: For Parents and Youth 10-14 and Families Reunite programs.

To explore with the New York State Energy Research and Development Authority how Pay for Success financing can be leveraged to deploy energy efficient retrofits in low to medium income communities, and advance positive environmental and social outcomes.

To support Marion County, OR to reduce out-of-home placement for at-risk youth using a two-phased approach to define program success and use real-time program data to manage toward those results.

To define how capital aggregation can support BMFG's broader strategy and provide capital aggregation examples and an opportunity assessment framework for prioritizing potential capital aggregation strategies within the Postsecondary Success team.

To understand the need for, and benefit of, expanded Preschool services in Clatsop and Tillamook counties.

To develop a pilot to deliver post-placement job services for at-risk youth aiming to improve job retention and other employment outcomes, and test the viability of employers serving as outcome payors in a Pay for Success project.

To assess the potential of using PFS financing to scale educational services for incarcerated populations.

To assess the feasibility of scaling Napa County School District's Digital Early Literacy preschool programming, specifically the Footsteps2Brilliance app.

To identify ways to increase student readiness for career and technical education and pathways programs as students transition from middle school to high school.

To assess the feasibility, with Jobs for the Future, of expanding the NAF model, including Future Ready Labs, in Dallas, TX. Supported by a grant from the Department of Education's Office of Career and Technical Adult Education.

To assess the feasibility, with Jobs for the Future, of expanding the Pharr-San Juan-Alamo Independent School District's new CTE Agriculture, Food, and Natural Resources Program. Supported by a grant from the Department of Education's Office of Career and Technical Adult Education.

To assess the feasibility, with Jobs for the Future, of expanding South Bay's Back on Track program. Supported by a grant from the Department of Education's Office of Career and Technical Adult Education.

To assess the feasibility, with Jobs for the Future, of expanding a regional initiative of the Mahoning County Educational Services Center. Supported by a grant from the Department of Education's Office of Career and Technical Education.

To support Capital Impact Partners’ exploration of Pay for Success as a potential impact investing strategy to improve outcomes for older adults.

To assess the potential of launching a Pay for Success project in Mexico.

To assess organizational capacity for Pay for Success for the Deborah Strong Housing Development.

To explore the opportunity to develop an Oklahoma Teachers Outcomes Fund focused on improving teacher engagement, teacher retention, and student achievement.