| Goods |
With support from the Institute for Child Success (ICS), the
Tennessee Commission on Children and Youth (TCCY) studied
the feasibility of using Pay for Success (PFS) financing, an
innovative mechanism, to improve outcomes for its youngest
children. PFS financing, also called “Social Impact Bonds,” can
bring new resources, new partners, and a new focus on outcomes
to early childhood services. Tennessee was one of four jurisdictions selected to receive technical assistance from ICS in 2016 through the U.S. Social Innovation Fund’s PFS program. The feasibility study focused on the possibility of expanding three evidence-based home visiting programs—Healthy Families America (HFA), Parents as Teachers (PAT), and the Nurse-Family Partnership (NFP)—for families in need. |