Social Finance partnered with Connecticut Governor Dannel P. Malloy, Connecticut Department of Children and Families (DCF), and Family-Based Recovery on the Connecticut Family Stability Pay for Success Project. The program supported Family-Based Recovery treatment teams to promote positive parent-child interactions, increase parental awareness and understanding of child development, and help parents on their path to substance use recovery. The initiative mobilized $11.2 million to expand Family-Based Recovery’s services to nearly 400 families across Connecticut.
- Create long-term, lasting results for families by supporting parents in substance use recovery and improving parent-child interactions.
- Prevent out-of-home placements and re-referrals to DCF and reduce substance use by parents and caregivers.
- Evaluate the efficacy of the Family-Based Recovery model using an independent evaluation.
- Bring an added level of government accountability for results for families served.
- Governor Malloy and U.S. Administration on Children, Youth, and Families Commissioner Rafael Lopez Announce Launch of Innovative Program to Measurably Improve the Lives of Families Struggling with Substance Use
- ‘Government Only Pays for the Positive Outcomes.’ A Strikingly New Approach to Social Problems, The Washington Post
- ‘Pay for Success’: An Idea with Bipartisan Appeal, Governing
- Social Impact Bonds: Something Democrats and Republicans Agree On, Forbes
- A New Public Finance Tool to Help the Most Vulnerable, Time
Partners and Supporters
- Connecticut Department of Children and Families (DCF) led the project.
- Family-Based Recovery received funding to expand its evidence-based in-home treatment program to add six new teams across the state.
- Social Finance supported the design, negotiation, and financial structuring of the project; managed the capital raise; and coordinated performance management services for the duration of the project.
- The Government Performance Lab at the Harvard Kennedy School provided assistance to DCF during the program design phase.
- UConn Health led the evaluation of the project.
- Jones Day served as legal counsel to Social Finance.