Social Innovation Fund Announces $11.2 Million for Pay-for-Success Grants

The Social Innovation Fund (SIF) has announced that will provide up to $11.2 million in grants for eligible nonprofit organizations and city and state governments for pay-for-success (PFS) programs in low-income communities.

The grants will range from $200,000 to $1.8 million each year over three years. As with other SIF grants, grant dollars must be matched on a dollar-for-dollar basis with non-federal dollars and services.

Grants will fund one of two primary activities: (1) technical assistance to assess project feasibility and develop capacity; or (2) to help cover the cost of structuring PFS transactions.

Applications are due on July 31 and successful applicants will be notified by September 30. The NOFA is here.


This entry was posted in Social Impact Bonds / Pay for Success, Social Innovation Fund. Bookmark the permalink.