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1599-3557 - Social Innovation Financing
| Account | Description | FY 2014 GAA |
FY 2015 House 2 |
|---|---|---|---|
| 1599-3557 | Social Innovation Financing Continued funding for the Social Innovation Trust Fund established under section 35VV of chapter 10 of the General Laws to hold funds in support of pay for success contracts; provided, that per the legislation, these funds are based on expected future payments that will only be distributed upon achieving performance goals under the pay for success contract; and provided further, that the amount represents additional funding for the efforts underway to enter into pay for success contracts associated with juvenile justice and chronic homelessness |
250,000 | 7,000,000 |
Increased funding to support new initiative.
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