Blog

Funding opportunities in the pay for success field

These last few months of the Obama Administration have seen no less than six pay for success (PFS) federal funding opportunities, which span four different government agencies, and range from two to upwards of eight million dollars in total funding for activities such as data readiness, transaction structuring, and feasibility studies—all critical to launching PFS projects grounded in the best available evidence.
Blog

Growing the pay for success field: Two more projects launch in the United States

Two new pay for success (PFS) projects launched in the past week, bringing the total number of projects in the United States to 12.
Blog

Balancing the advantages and limitations of pay for success

As a new and unique concept, pay for success (PFS) has received its fair share of criticism. With only 12 active projects, it will take time before even its proponents have a complete understanding of how to use the model most effectively – a process that generates plenty of valid questions in the interim.
Blog

Using pay for success to scale permanent supportive housing

People who are chronically homeless—defined as those who have a disability and have been either continuously homeless for at least a year or have had four or more episodes of homelessness in the past three years—tend to have worse health and employment outcomes, and more legal and safety problems.
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Evaluation as a core component of pay for success projects

Standing up a new program, or scaling a promising one, can be challenging. Financial, reputational and political consequences can make even the most forward-thinking local governments risk-adverse.  As a result, innovative and evidence-based programs often fall by the wayside in favor of the status quo.