Pew Charitable Trusts features Caroline Whistler and Cuyahoga, Santa Clara, Massachusetts Projects
Third Sector's Pay for Success projects in Cuyahoga County, Ohio, Santa Clara County, California, and the Commonwealth of Massachusetts were featured in Stateline, a daily report on state policy from the Pew Charitable Trusts.
Co-founder and Co-President Caroline Whistler is quoted,
The bonds are meant to foster creative solutions to entrenched social problems, with an emphasis on tracking results along the way. As such, they are a good fit for projects that address homelessness, said Caroline Whistler, who co-founded Third Sector Capital Partners, a financing group that has worked on pay-for-success projects in California, Massachusetts and Ohio — among others. Because chronically homeless people frequently cycle through jails, hospitals and mental health facilities, they are a population whose progress is relatively easy to track, Whistler said.
Read the full report here.