Policy Focus: Social Impact Bonds

2016
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Summary
This issue brief explores Social Impact Bonds (SIBs), an innovative financial tool that harnesses private capital to support critical but underfunded public services.
Description

The brief takes a close look at two SIB initiatives currently underway with Enterprise’s support—one to reduce the number of days children live in out-of-home foster care in Cuyahoga County, Ohio, and another to reduce chronic homelessness in Denver, Colorado. It also looks at federal policy initiatives underway to promote state and local SIB initiatives.

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