Paying for Success in Permanent Supportive Housing

Associate John Perovich and Analyst Jake Moy have been featured in Rooflines, the blog of Shelterforce, a publication of the National Housing Institute. Their piece, "Paying for Success in Permanent Supportive Housing" explores how the innovative contracting model can construct effective housing solutions for chronically homeless individuals. "Interest in the PFS model is growing. A [...]

John Grossman, Co-President at Third Sector Capital Partners, Inc., was featured in a Government Executive by Patrick Lester, entitled, "Does Pay for Success Work? Define 'Success'" "We shouldn’t make the perfect the enemy of the good," agreed John Grossman, co-president at Third Sector Capital Partners. "The goal is continuous improvement. Success comes in changing the [...]

We opened up our San Francisco office in late October to host an exciting conversation about how Pay for Success (PFS) is impacting our most at-risk populations across the country. The event, “Scaling Social Impact: Pay for Success & Social Impact Bonds”, was co-hosted with the Net Impact San Francisco Professional Chapter. Net Impact is [...]

Constructing Pay for Success contracts is an inherently cross-sector practice. Each of our projects brings together government, nonprofit, and private stakeholders to address our most pressing social issues. In a sense, the Pay for Success (PFS) model itself is an acknowledgement that no one organization can create effective and sustainable change on their own, without [...]

Nonprofit Finance Fund (NFF) has announced two of our partners, Santa Clara County and Hillside Family of Agencies, have been selected as grant recipients through the federal Social Innovation Fund (SIF) Pay for Success initiative.

Santa Clara County has been awarded the SIF grant to launch a Pay for Success project serving individuals with acute mental illness. The selected service provider, Telecare Corporation, will focus on clients who have frequent stays in psychiatric emergency care, and ensure these patients are stabilized in less restrictive, community-based environments. The SIF grant supports Third

The Santa Clara County Board of Supervisors approved the selection of Telecare Corporation as the service provider for a Pay for Success project to improve stability and wellness of some of the County’s most severely mentally ill individuals through intensive outpatient treatment, case management, and supportive services.

“Improving the stability and wellness of members of our community who suffer from acute mental illness is a high priority for the County,” said President Dave Cortese, County of Santa Clara. “We are hopeful that through this project, we’ll be able to offer more