An interview with Kristin Misner of the NYC Mayor’s Office about social impact bonds and the city’s ABLE project
Last August, New York City Mayor Michael Bloomberg, along with Goldman Sachs, Bloomberg Philanthropies, and the nonprofit organization MDRC, announced the first project in the United States that is funded by a social impact bond (SIB). The Osborne Association and Friends of Island Academy will deliver the program—the Adolescent Behavioral Learning
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