The Corporation for National and Community Service’s Social Innovation Fund (SIF) announces the federal government’s most robust action to date in support of Pay for Success (PFS), a promising model for expanding innovative, highly effective social programs that achieve better results and can save tax payer dollars.
The U.S. Small Business Administration announces a series of important new measures to expand its landmark Impact Investment Fund. Inspired by the President’s vision of a more inclusive and sustainable economy, the Impact Fund was launched in 2011 as one of several federal initiatives designed to support America’s impact investment industry.
The Obama administration celebrates the 20th anniversary of the CDFI Fund by convening government officials, business executives, and community leaders at the Treasury Department to mark the fund's achievements and to look at the prospects for its continued success.
The Office of Social Innovation and Civic Participation is focused on developing policies and programs to accelerate economic recovery and create stronger communities. We do this by harnessing human capital and facilitating financial capital.