social impact bond Archives - Generocity Philly

social impact bond

This funding strategy is suffering from terminology-itis funding

Apr. 20, 2016 12:51 pm

This funding strategy is suffering from terminology-itis

Like many other social impact concepts, 'pay for success' is a difficult strategy to communicate. But the means to an end is what should bend the taxpayer's ear.
This will be the state’s biggest social impact project ever. How will Philly fit? funding

Apr. 12, 2016 12:56 pm

This will be the state’s biggest social impact project ever. How will Philly fit?

Two "pay for success" initiatives will work to cut recidivism rates and government spending. Philadelphia will be involved in some way, though it's unclear as to what extent.
Here’s a brief history of Pay for Success in Pa. results

Mar. 1, 2016 12:32 pm

Here’s a brief history of Pay for Success in Pa.

Also known as social impact bonds, Pay for Success is gaining traction nationally. Despite funding and legislation, Pennsylvania has yet to launch a project.
Why the City of Philadelphia Should Invest in Skilled Labor Development results

Dec. 1, 2014 12:36 pm

Why the City of Philadelphia Should Invest in Skilled Labor Development

Short-term investments in low-cost skill certifications for those with the greatest need can quickly generate new sources of wage tax revenue (newly employed people).

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