ARTICLE
Over the past five years, much has been made of the success of Allentown's Neighborhood Improvement Zone. As a result of this financial mechanism, there are jobs, investment and hope in places where all of those traits previously had been in short supply. The NIZ is a fantastic example of the private sector and government working together in a creative fashion to improve society. What if I told you we could enact similar creative financing for a variety of other problems bedeviling society? Things like early childhood education, homeless prevention and prisoner recidivism? Education and social services have been under the incredible pressure of the state's budget constraints, and we must consider a fundamental change in how we deliver them. House Democrats have a plan to make that happen as part of our budget proposal. We have introduced legislation to allow state agencies to enter into Pay-for-Success contracts with the private investors and philanthropic organizations that believe they can deliver these services more efficiently. Click here to read the article.
Over the past five years, much has been made of the success of Allentown's Neighborhood Improvement Zone. As a result of this financial mechanism, there are jobs, investment and hope in places where all of those traits previously had been in short supply.
The NIZ is a fantastic example of the private sector and government working together in a creative fashion to improve society.
What if I told you we could enact similar creative financing for a variety of other problems bedeviling society? Things like early childhood education, homeless prevention and prisoner recidivism?
Education and social services have been under the incredible pressure of the state's budget constraints, and we must consider a fundamental change in how we deliver them.
House Democrats have a plan to make that happen as part of our budget proposal.
We have introduced legislation to allow state agencies to enter into Pay-for-Success contracts with the private investors and philanthropic organizations that believe they can deliver these services more efficiently. Click here to read the article.