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Exciting interim results show Denver’s supportive housing social impact bond is paying off

Less than two years into the Denver Supportive Housing Social Impact Bond (SIB)—a five-year project that provides affordable housing and wraparound services to support people experiencing chronic homelessness and cycling in and out of jail—the initiative is paying off for the City of Denver, homeless residents, and investors.
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Can pay for success be a tool to fight blighted properties?

Cities of all sizes and geographies across the United States are struggling with vacant and abandoned homes. Whether driven by the more recent 2008 housing market crash or longer term economic restructuring in older, industrial “legacy cities,” cities across the United States are struggling to address the economic and social costs associated with vacant and abandoned homes. Pay for success (PFS) has the potential to finance physical social infrastructure projects, and it may be a tool to tackle the issue of blight as well.
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Lessons learned from a community of practice on early childhood education and pay for success

In December 2016, the Department of Education awarded eight grants to state and local governments and a charter school to conduct Early Childhood Education (ECE) Pay for Success (PFS) feasibility studies. Each grantee sought to use a PFS structure to expand, enhance, or develop their ECE program. With support from the Laura and John Arnold Foundation, the Urban Institute built a community of practice for these eight grantees. Over a year and a half, the Urban Institute held two in-person workshops, four web meetings, and phone calls focused on data, evaluation, preschool outcomes and measures, collaboration with stakeholders, and project sustainability.
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Louisiana considers an environmental impact bond to fund coastal restoration

Environmental impact bonds (EIBs) are innovative financing mechanisms that leverage private funding to address environmental challenges. Washington, DC, Baltimore, and Atlanta implemented EIBs to fund improvements in their sewer systems and provide better public spaces for many urban residents.
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Pay for Success offers support for unemployed veterans with PTSD

Twenty percent of America’s 20.4 million veterans suffer from either major depression or post-traumatic stress disorder (PTSD), yet only about half seek treatment, and the ones who do have limited access to high-quality care. Some may be unaware of the services available to them, while others may require help navigating the federal and local systems to receive services.