Financing Efficiency in the Delivery of Social Services

Governing

...The city and Goldman Sachs will depend on the respected social-policy research organization MDRC to implement the program, and MDRC will contract with two community nonprofit organizations, the Osborne Association and the Friends of Island Academy. The Vera Institute of Justice will provide impartial, third-party evaluation. The city's corrections department will pay MDRC if the objectives are met, allowing MDRC to pay back Goldman Sachs, which stands to profit on its investment should the program exceed baseline goals...

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