Or maybe you're intrigued, but you're wondering what the catch is. Are they a good idea? What drawbacks do they have?
A tip sheet from NJJN's Fiscal Policy Center, "Social Impact Bonds," gives you a brief overview of what they are, where they came from, how they're structured, and their benefits and pitfalls. It even lists three examples from the United States.
>>Download "Social Impact Bonds."
>>Don't miss our Oct. 7, 2014 webinar on the pros and cons, promise and risks of social impact bonds, presented by John K. Roman, Ph.D., and Kelly Walsh, Ph.D., both of the Urban Institute, and Kyle McKay, policy analyst with the Texas Legislative Budget Board. Learn more here.
>>You can also listen to the recording of (and download the slides from) our May 2014 webinar on social impact bonds, presented by John K. Roman, Ph.D.