With the recent release of the Social Impact Partnerships to Pay for Results Act (SIPPRA) notice of funding availability, communities across the country are exploring opportunities to apply for the first-ever dedicated federal funding supporting outcomes contracting. While SIPPRA requires projects to focus on verifiable metrics across 21 priority issue areas, the particular metrics are quite flexible – and the 21st issue area gives communities considerable room for innovation. As a result, policy makers, agency leaders and community organizations are wrestling with which metrics to include in their applications for
Signed into law this summer, the Strengthening Career and Technical Education for the 21st Century Act – also known as Perkins V – includes a number of provisions that promote innovation, modernization and the alignment of workforce skills with labor-market needs (see our full summary here). Notably, the legislation also includes the first-ever federal authorization of Career and Technical Education (CTE) funding for Pay for Success.
This change unlocks the potential to accelerate gains in economic mobility for millions of Americans. Every year, $1.1 billion in CTE funding flows from the