Letters of Intent to apply for recently announced U.S. Department of Treasury Social Impact Partnerships to Pay for Results Act (SIPPRA) funding are due in three weeks. This is a tremendous opportunity for state/local governments to pilot a social finance Social Impact Bond (SIB) approach for shovel-ready, evidence-based, outcomes-based social services.
Third Sector Capital Partners has compiled some valuable material outlining how the funding mechanism works.
LINK: THIRD SECTOR CAPITAL PARTNERS – SIPPRA PRESENTATION, RESOURCES, AND KEY DATES
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