Social Impact Investment

CSH Named Pay for Success Awardee

CSH Named Pay for Success Awardee

CNCS & the Social Innovation Fund have selected CSH as a 2014 Social Innovation Fund Pay for Success grantee. CSH, awarded $750,000 is cited for an innovative proposal, our track record of success and our administrative capacity.

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Overview of Social Impact Investments

What is a Social Impact Investment?

Also known as Pay for Success or Social Impact Bonds, Social Impact Investments use the underlying concept of performance-based contracting between government and the organizations responsible for implementing a given intervention, typically non-profit organizations. Under this model, impact is measured rigorously and government makes “success payments” based on results; not on activities.

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How would it work for Supportive Housing?

Financing Model

Social impact investing – in its many variations –presents a tremendous opportunity to diversify and expand investment in supportive housing, increasing opportunities for the people who need it most. It also presents an excellent opportunity for government to reform how it invests and allocates public resources, with much greater emphasis on paying for results.

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The Olmstead Decision and a New Opportunity

Using Social Impact Investing as a Mechanism for State's to Meet Olmstead Requirements

Since 1999, states and communities across the country have been striving to comply with the ruling in the Supreme Court’s Olmstead v. L.C. decision. One of the major challenges states have faced in the last 15 years has involved a scarcity of affordable community-based housing. A new opportunity, using social impact investing, could expand housing availability while providing a return on the investment that would attract capital. Read more in our new report.

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Pay for Success Subgrantees Announced

Six Communities to Assess Pay for Success

CSH is supporting cities, states, and nonprofit organizations working to create and evaluate innovative ways to finance high-quality, effective supportive housing interventions producing measurable outcomes for individuals and communities.

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