WAMC: Non-profits share concerns on bond-funded social programs (2011-06-27) - 0 views
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Non-profits share concerns on bond-funded social program
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Under the funding model, also known as "pay for success," organizations would receive the money of private investors or investment groups who purchase bonds from the government that are linked to specific program benchmarks.
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Joe Kriesberg, executive director of the Massachusetts Association of Community Development Corporations, said the bonds could be an appropriate way for governments to fund prevention programs, but that there will be several challenges going forward in any type of SIB funding structure.
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