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by Eric Letsinger & Mark Kim on Dec 13, 2016

The Story Behind the World’s First Environmental Impact Bond 

Intrigued by the potential of the Pay For Success model, two organizations partnered to creatively apply the model to the vexing social and health challenges of green infrastructure.

Featured
Resource
on Oct 18, 2016

Pay for Success: Living Cities' Initial Screening Criteria 

The Initial Screening Criteria infographic provides an overview of how Living Cities decides which Pay for Success projects to consider investing in. The criteria is listed in a check-box format for the use of our networks and partners.

Blog Post Brian R. Nagendra & Sindhu Lakshmanan on Feb 15, 2017

Living Cities’ Catalyst Impact Funds Named to ImpactAssets 50 for Sixth Consecu… 

For the sixth year in a row, Living Cities’ Catalyst Impact Funds have been selected for the ImpactAssets 50 (IA50), an impact investing showcase featuring fund managers that deliver social, environm…

Blog Post Ben Hecht & Ellen Ward on Nov 1, 2016

Pay for Success: To Invest or Not to Invest? Assessing the Innovation 

The word "innovation" gets thrown around a lot, but in Pay for Success, whether or not a project encourages and enables innovation is a key consideration.

Blog Post Sindhu Lakshmanan on Oct 18, 2016

Pay for Success: To Invest Or Not To Invest? 

The Pay for Success field continues to gain traction. Our new blog series will walk you through how Living Cities decides which Pay for Success projects to consider investing in, in the hopes that ot…

Resource on Feb 14, 2017

Catalyst Fund Annual Report: Fiscal Year 2015-2016 

This report covers activities in the eighth year of operations for the Living Cities Catalyst Fund.

Blog Post Ben Hecht on Sep 15, 2016

A Signature Moment for Harnessing Capitalism and Private Capital to Address Rac… 

We are at a unique moment in time in our country where we need to harness capitalism and private capital in new and transformative ways to close racial gaps in income and wealth. The essays in this s…

Blog Post Eileen Neely & Richard Edwards on Jun 9, 2016

How the Pay For Success Construction Loan Can Expand Social Impact [INFOGRAPHIC] 

Upfront costs pose a barrier to getting Pay for Success deals off the ground. We've illustrated how the new "Construction Loan" will address those barriers and create opportunity to scale Pay for Suc…

PayforSuccess.Org

Pay for Success U.S. Activity Map 

Blog Post Ben Hecht on Feb 18, 2016

#BensTake: Impact Investing As Accelerant for Social Change 2016 

Our newest blog series delves into four, unique accelerants that put U.S. cities on the verge of something "very special" in 2016. In this post: the unprecedented availability of impact investment ca…

Blog Post Ellen Ward on Feb 16, 2016

Achieving Permanent Housing for Denver’s Chronically Homeless Population 

Our Blended Catalyst Fund is helping to scale the Pay for Success field.

Blog Post Elizabeth Vargas on Jan 25, 2016

Vote with Your Investment Dollars: And Other #GoodReads 

A weekly round-up of articles, videos and other timely information that you won't want to miss. This week's post covers promising ideas and fresh perspectives on capital innovation.

Person Living Cities

Ben Hecht 

Ben Hecht is the President and CEO of Living Cities, a collaborative of 18 of the world’s leading foundations and financial institutions who work together to boldly fight poverty in America’s cities.

Blog Post Paula Mukwaya on Dec 7, 2015

Investing for Justice Impact: The Opportunity in Sandtown, West Baltimore 

Impact investment vehicles like Community Investment Notes present a promising, community driven approach to fund efforts that support people impacted by the justice system.

Resource on Jun 8, 2016

Pay for Success in the U.S. 

This chart presents parties, financing, evaluation, time-frame and expected impact for Pay for Success transactions that have been implemented in the United States so far.

Blog Post Elizabeth Vargas on Oct 12, 2015

Pay for Success Pays Off: And Other #GoodReads from Living Cities  

Among this week's roundup of reading recommendations from our staff: two big announcements that could have a significant impact on low-income people and communities of color.

Blog Post Elizabeth Vargas on Aug 21, 2015

Social Change Is About People: Weekly #GoodReads from Living Cities Staff 

This weekly round-up of 'must-read' articles showcases a variety of perspectives on and approaches to social change work with people at their core.

Blog Post Ben Hecht on Jul 14, 2015

#BensTake: Failure as a Public Good 

Last week, Jim Anderson of Bloomberg Philanthropies and Andrea Phillips of Goldman Sachs shared lessons from their investment in a social impact bond to reduce recidivism at Riker’s Island. Ben Hec…

Blog Post Elizabeth Vargas on May 4, 2015

#NewUrbanPractice: Join a May 8 Twitter Chat About Expanding Impact Investing  

As part of a series of Twitter Chats, we’ll talk with changemakers about expanding the field of impact investing to get dramatically better results for low-income people.

Resource on Nov 30, 2015

The 4Ps of Pay For Success Blog Series: Final Report on Analytics, Impact and Learning 

The 4Ps of Pay For Success Blog Series was the second Pilot Project we launched in an early 2015 effort to test our hypotheses about what makes for effective and impactful social change communications.

Blog Post Eileen Neely on Apr 15, 2015

The 4 Ps of Pay for Success: Process 

When considering Pay For Success transactions, we pay special attention to each step in the process - both before the intervention begins and after it ends.

Blog Post Elizabeth Vargas on Apr 10, 2015

In Defense of Financial Innovation: And Other #GoodReads from Living Cities Sta… 

This week, we’re sharing a round-up of articles and information that examine different perspectives on capital and private-sectors approaches to systems change.

Blog Post Ellen Ward on Apr 8, 2015

4 Ps of Pay for Success: Policy 

To get comfortable investing in a Pay for Success deal, it’s important to understand whether the government has both the commitment and the policy framework necessary to support a successful project.

Blog Post Eileen Neely & Brian R. Nagendra on Apr 1, 2015

4 Ps of Pay for Success: Program 

As we continue our series on the 4 Ps of Pay for Success (PFS), we explore the core outcome of a PFS transaction, whether or not a “Program” can produce and measure impact.