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Market Intelligence Resource | August 2, 2012

Social Impact Bond Fact Sheet: The NYC Rikers ABLE Project For Incarcerated Youth

August 2, 2012
In August 2012, New York City awarded a pay-for-success contract financed by a Social Impact Bond, to non-profit MDRC for a prevention program intended to reduce recidivism rates by at least 10% among 16- to 18-year-olds detained at New York CityÂ’s Rikers Island. This fact sheet explains the structure of the contract.
Download the Report
. . .

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