
General Assembly Career Impact Bond
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.

Alchemy Code Lab Career Impact Bond
Social Finance is partnering with Alchemy Code Lab, a Portland, OR-based software development school that provides comprehensive technical and career services training; impact investors; and employers on a Career Impact Bond. The project will serve 290 students who are unemployed or underemployed through a 23-week, full-time online training program that will ultimately place students in software engineering jobs with employers such as Nike, Kroger, and Cambia Health.

Home for Good
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.

Massachusetts Pathways to Economic Advancement
The Massachusetts Pathways to Economic Advancement Pay for Success Project increases access to vocational English classes, skills training, and better jobs for approximately 2000 immigrants and refugees in Greater Boston, with the goal of making successful transitions to employment, higher wage jobs, and higher education. This project deploys $12.4 million over 6 years to expand the work of Jewish Vocational Service (JVS), one of Greater Boston’s largest community-based workforce and adult education providers. This is the first Pay for Success project in Massachusetts and the United States to focus exclusively on workforce development.