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Report recap: Learning From Experience: A Guide to Social Impact Bond Investing

In March 2016, MDRC released a new report: Learning From Experience: A Guide to Social Impact Bond Investing. The report draws on The NYC Able Project for Incarcerated Youth and other PFS projects to frame critical decisions and identify central tensions in PFS project design.
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Questions from the field: Using conditional cash transfers in pay for success

Q: A program such as conditional cash transfers could offer some means to build wealth for at-risk communities. Is there any discussion around conditional cash transfers in PFS projects?
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Bringing evidence to life: The New Yorker Presents the Nurse Family Partnership

When we talk about the “evidence base” of a program, we refer to the program evaluations and other studies that look at the data coming out of a program and tell us whether or not the program is having the intended effect. And while an intervention’s evidence base is a critical component of the pay for success conversation, it’s also important to understand at a human level why a program is having an impact.
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Do governments care about risk?

Less than one cent per dollar of government spending funds evidence-based practices, according to Peter Orszag, former director of the Congressional Budget Office and the Office of Management and Budget under Barack Obama, and John Bridgeland, a senior adviser in George W. Bush’s White House.
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DC, Maryland, and Virginia: We need to talk about Metro

The nation’s second-busiest heavy rail transit system, the Washington, DC area’s Metro, is in crisis.