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Study offers advice on setting up social-impact bonds

from From The Chronicle of Philanthropy

Social-impact bonds, an emerging and controversial way to finance programs run by nonprofits and government, are examined in a new report by the Urban Institute. The in-depth study offers advice on how juvenile and criminal-justice systems can develop such deals. Later this year the think tank will release a tool to help government agencies and investors determine whether a project is right for such financing. more

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