NFF Invests in The Connecticut Family Stability Pay for Success Project (Nonprofit Finance Fund)

Pay for Success Partnership Aims to Create Brighter Futures for 500 Families Struggling with Parental Substance Abuse

Nonprofit Finance Fund (NFF) joins several partners as an investor in a Pay for Success (PFS) project that will bring intensive, in-home services to hundreds of Connecticut families in need of parenting and recovery support.  The Connecticut Department of Children and Families (DCF), Family-Based Recovery Services at the Yale Child Study Center, and Social Finance, Inc. have launched The Connecticut Family Stability Pay for Success Project to promote family stability and reduce parental substance use for DCF-involved families. NFF’s $385,255 investment is part of $11.2 million in financing that will expand proven services to approximately 500 families over four and a half years.

To learn more, read the project launch announcement and project fact sheet.

Investments in PFS are part of NFF's work to support the shift to an outcomes-oriented social sector, where service providers, governments, and funders act more effectively in concert toward shared goals.

For more information about Pay for Success and other outcomes-based approaches to addressing critical issues:

NFF's investment is drawn from a Community Development Financial Institutions (CDFI) Fund award that NFF targeted to support Pay for Success projects. Over the past 2 years, NFF has invested $1.145 million in PFS projects to address issues including homelessness and child welfare.