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Interest in Pay for Success Continues to Build in Congress

On August 14, the Institute for Child Success convened a briefing for congressional staff on Pay for Success, how it can be used to scale successful early childhood programs, and about pending legislation in the field. The briefing was convened in partnership with Representatives Young's and Delaney’s offices, and both Harvard's SIB Lab and Third Sector Capital Partners joined us to add their invaluable perspectives. About 40 staffers in attendance represented a balanced mix of offices representing both Republicans and Democrats, from both the House and the Senate, as well as some non-congressional groups and agencies.
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Progress in Congress on Pay for Success

On June 18, Representatives Young of Indiana and Delaney of Maryland, introduced legislation that would help the federal government engage in Pay for Success transactions (the Social Impact Bond Act). On Wednesday July 30, Senators Bennet of Colorado and Hatch…

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