Eileen Neely, Director of Capital Innovation, Living Cities, Washington, District of Columbia

Eileen Neely
Living Cities

Eileen Neely leads Living Cities’ Capital Innovation work. She manages the Catalyst Fund and has been pivotal in Living Cities efforts to explore and test Pay For Success financing models. She joined Living Cities in December 2012 as the Associate Director of Capital Formation. Prior to joining Living Cities, she was the Director of Strategic Planning at the District of Columbia Housing Authority, overseeing the development, implementation and measurement of the Agency’s Strategic Plan and Moving to Work Plan. Previously, Eileen was the Chief Operating Officer of the Fresno Housing Authority in Fresno, California and the Director of Public Entity Lending at Fannie Mae in Washington DC.

Articles by Eileen Neely

  • Eileen Neely

    Filling 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.

    impact investing, philanthropy
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