Articles by Eileen Neely
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Friday
January 22
2016Filling the Funding Gap in ‘Pay for Success’
Pay for Success is a promising tool to measurably improve the lives of people in need and address the gap in funding for social programs, says Eileen Neely of Living Cities. It leverages private and philanthropic investors to fund preventative social programs, and the government only repays them for successful outcomes. But according to Neely, there are some concerns about upfront costs that could limit the scalability of the model. She discusses a possible solution in this post.
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