Department of Treasury announces $66.3M for Social Impact Partnership to Pay for Results Act
The Department of Treasury recently announced $66.3M in funding for the Social Impact Partnership to Pay for Results Act (SIPPRA). SIPPRA provides funding for state and local government organizations that show outcomes in specific social impact areas in such areas as Housing, Justice, Parenting & Families, Education, Health, and Workforce Development.
SIPPRA operates under a pay for success model, whereby recipients will receive payment if a social impact outcome can be demonstrated through data-driven evaluation and reporting.
A Notice of Intent to Apply should be submitted via e-mail to SIPPRA@treasury.gov on or prior to April 8. Final applications are due April 22 and you can read instructions for applying at this link.