Project

IDINDIGO-POJ-0085
Impact Bond Name - (Value)Massachusetts Juvenile Justice PFS Initiative
Stage of Development - (Value)Implementation
Dates - Date outcomes contract signed - (Value)2014-01
Dates - Start date of service provision - (Value)2014-01
Dates - (Source ID's)source2,source4
Overall project finance - Total investment commitment - Currency - (Value)USD
Overall project finance - Total investment commitment - Amount - Exact - (Value)18000000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)18000000
Purpose and classifications - Intervention - (Value)The initiative aims to reduce recidivism and improve employment outcomes for young men at high risk of re-offending. The four-year intervention consists of two years of intensive engagement and two years of follow-up, and includes four basic elements: outreach to young men by Roca staff; intensive case management; life skills, educational, prevocational, and employment programming; and connection to work opportunities with community partners. Roca helps young men change their behaviors while learning how to go to work, beginning with subsidized employment opportunities and transitioning when ready into full-time positions with employer partners.
Purpose and classifications - Policy sector - (Value)Criminal justice
Purpose and classifications - (Source ID's)source14,source3
Service and beneficiaries - Target population - (Value)The project is serving young men aged 17-24 who are in the Boston, Chelsea or Springfield areas and (i) leaving the juvenile justice system, (ii) are involved in the probation or parole system, or (iii) are leaving the custody of the Suffolk, Essex, Hampden, and Middlesex Houses of Correction or the state's Department of Correction.
Service and beneficiaries - (Source ID's)source15
Notes - (Value)This project is still in progress and no evaluation data has yet been published.
Delivery Locations 1: Location - Name - (Value)Boston, Chelsea, and Springfield, Massachusetts, USA
Delivery Locations 1: Location - Country - (Value)US
Delivery Locations 1: Lat/Lng - Lat - (Value)42.359881
Delivery Locations 1: Lat/Lng - Lng - (Value)-71.06468
Sources 1: Idsource1
Sources 1: Name - (Value)Massachusetts Juvenile Justice Pay for Success FAQ (16/12/2014) - p.1 accessed on 25/07/2019 at https://govlab.hks.harvard.edu/files/govlabs/files/massachusetts_roca_pfs_faq.pdf
Sources 2: Idsource2
Sources 2: Name - (Value)PFS contract among Commonwealth of Massachusetts, Roca, Inc., and Youth Services, Inc. (7/01/2014) - p.1 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/03/final-pay-for-success-contract-executed-1-7-2013.pdf
Sources 3: Idsource3
Sources 3: Name - (Value)Massachusetts Juvenile Justice Pay for Success Initiative fact sheet (16/12/2014) - p.1 accessed on 25/07/2019 at https://payforsuccess.org/sites/default/files/resource-files/ma-jj-pfs-fact-sheet.pdf
Sources 4: Idsource4
Sources 4: Name - (Value)Third Sector Capital project brief (01/06/2014) - p.4 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Lessons-Learned.pdf
Sources 5: Idsource5
Sources 5: Name - (Value)The Potential and Limitations of Impact Bonds, Brookings, 2015 p. 112 accessed on 22/07/2019 at https://www.brookings.edu/wp-content/uploads/2015/07/impact-bondsweb.pdf
Sources 6: Idsource6
Sources 6: Name - (Value)GuideStar, https://www.guidestar.org
Sources 7: Idsource7
Sources 7: Name - (Value)PFS contract among Commonwealth of Massachusetts, Roca, Inc., and Youth Services, Inc. (7/01/2014) - p.9 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/03/final-pay-for-success-contract-executed-1-7-2013.pdf
Sources 8: Idsource8
Sources 8: Name - (Value)PFS contract among Commonwealth of Massachusetts, Roca, Inc., and Youth Services, Inc. (7/01/2014) - p.9 and 43 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/03/final-pay-for-success-contract-executed-1-7-2013.pdf
Sources 9: Idsource9
Sources 9: Name - (Value)Third Sector Capital project brief (01/06/2014) - p.2 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Lessons-Learned.pdf
Sources 10: Idsource10
Sources 10: Name - (Value)Massachusetts Juvenile Justice Pay for Success FAQ (16/12/2014) - p.5 accessed on 25/07/2019 at https://govlab.hks.harvard.edu/files/govlabs/files/massachusetts_roca_pfs_faq.pdf
Sources 11: Idsource11
Sources 11: Name - (Value)Third Sector Capital project brief (01/06/2014) p. 6 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Project-Brief.pdf
Sources 12: Idsource12
Sources 12: Name - (Value)Third Sector Capital project brief (01/06/2014) p. 7 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Project-Brief.pdf
Sources 13: Idsource13
Sources 13: Name - (Value)Massachusetts Juvenile Justice Pay for Success Initiative fact sheet (16/12/2014) - p.1 accessed on 25/07/2019 at https://govlab.hks.harvard.edu/files/govlabs/files/massachusetts_roca_pfs_faq.pdf
Sources 14: Idsource14
Sources 14: Name - (Value)Third Sector Capital project brief (01/06/2014) p. 2 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Project-Brief.pdf
Sources 15: Idsource15
Sources 15: Name - (Value)Massachusetts Juvenile Justice Pay for Success Initiative fact sheet (16/12/2014) - p.2 accessed on 25/07/2019 at https://payforsuccess.org/sites/default/files/resource-files/ma-jj-pfs-fact-sheet.pdf
Sources 16: Idsource16
Sources 16: Name - (Value)Massachusetts Juvenile Justice Pay for Success Initiative fact sheet (16/12/2014) - p.3 accessed on 25/07/2019 at https://payforsuccess.org/sites/default/files/resource-files/ma-jj-pfs-fact-sheet.pdf
Sources 17: Idsource17
Sources 17: Name - (Value)Third Sector Capital project brief (01/06/2014) p. 6 accessed on 25/07/2019 at https://www.thirdsectorcap.org/wp-content/uploads/2015/02/TSCP_MAJJ-PFS-Project-Brief.pdf AND PFS contract among Commonwealth of Massachusetts, Roca, Inc., and Youth Services, Inc. (7/01/2014) - p. 13
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0412
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0298
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value)15000000
Outcome Payment Commitments 1: Total outcome payments made - Amount - (Value)$
Outcome Payment Commitments 2: Organisation ID - (Value)INDIGO-ORG-0418
Outcome Payment Commitments 2: Maximum potential Outcome payment - Amount - (Value)12000000
Outcome Payment Commitments 2: Total outcome payments made - Amount - (Value)$
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0419
Investments 1: Investment Type - (Value)senior loan
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-0420
Investments 2: Investment Type - (Value)subordinate loan
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-0310
Investments 3: Investment Type - (Value)subordinate loan
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-0110
Investments 4: Investment Type - (Value)Recyclable grants
Investments 5: Idinvestment5
Investments 5: Organisation ID - (Value)INDIGO-ORG-0421
Investments 5: Investment Type - (Value)Recyclable grants
Investments 6: Idinvestment6
Investments 6: Organisation ID - (Value)INDIGO-ORG-0422
Investments 6: Investment Type - (Value)Recyclable grants
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0413
Intermediary services 1: Organisation Role Category - (Value)Performance management
Intermediary services 2: Organisation ID - (Value)INDIGO-ORG-0414
Intermediary services 2: Organisation Role Category - (Value)Performance management
Intermediary services 3: Organisation ID - (Value)INDIGO-ORG-0415
Intermediary services 3: Organisation Role Category - (Value)Performance management
Intermediary services 4: Organisation ID - (Value)INDIGO-ORG-0034
Intermediary services 5: Organisation ID - (Value)INDIGO-ORG-0416
Intermediary services 6: Organisation ID - (Value)INDIGO-ORG-0605
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Decrease in incarceration - no fee. Decrease in total number of days that participating young men spent in prison relative to control group by 5%.
Outcome Metrics 1: Primary SDG goal - (Value)16
Outcome Metrics 1: Primary SDG target - (Value)16.3
Outcome Metrics 1: Secondary SDG targets - (Value)16.1
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Decrease in incarceration - minimum. Decrease in total number of days that participating young men spent in prison relative to control group by 10%.
Outcome Metrics 2: Primary SDG goal - (Value)16
Outcome Metrics 2: Primary SDG target - (Value)16.3
Outcome Metrics 2: Secondary SDG targets - (Value)16.1
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Decrease in incarceration - first level. Decrease in total number of days that participating young men spent in prison relative to control group by 25%.
Outcome Metrics 3: Primary SDG goal - (Value)16
Outcome Metrics 3: Primary SDG target - (Value)16.3
Outcome Metrics 3: Secondary SDG targets - (Value)16.1
Outcome Metrics 4: Idoutcomemetric4
Outcome Metrics 4: Outcome Definition - (Value)Decrease in incarceration - second level. Decrease in total number of days that participating young men spent in prison relative to control group by 40%.
Outcome Metrics 4: Primary SDG goal - (Value)16
Outcome Metrics 4: Primary SDG target - (Value)16.3
Outcome Metrics 4: Secondary SDG targets - (Value)16.1
Outcome Metrics 5: Idoutcomemetric5
Outcome Metrics 5: Outcome Definition - (Value)Decrease in incarceration - third level. Decrease in total number of days that participating young men spent in prison relative to control group by 55%.
Outcome Metrics 5: Primary SDG goal - (Value)16
Outcome Metrics 5: Primary SDG target - (Value)16.3
Outcome Metrics 5: Secondary SDG targets - (Value)16.1
Outcome Metrics 6: Idoutcomemetric6
Outcome Metrics 6: Outcome Definition - (Value)Increase in job readiness. Participant engaging with a Roca youth worker 9 or more times in each quarter.
Outcome Metrics 6: Primary SDG goal - (Value)8
Outcome Metrics 6: Primary SDG target - (Value)8.3
Outcome Metrics 7: Idoutcomemetric7
Outcome Metrics 7: Outcome Definition - (Value)Increase in employment. Participant is employed as compared to similar young men who are not in the program in each quarter.
Outcome Metrics 7: Primary SDG goal - (Value)8
Outcome Metrics 7: Primary SDG target - (Value)8.3
Documents 1: Title - (Value)PFS - Contract
Documents 1: URL - (Value)https://s3.eu-west-2.amazonaws.com/golab.prod/documents/PFS_contract-2.pdf
Documents 2: Title - (Value)PFS - Fact Sheet
Documents 2: URL - (Value)https://s3.eu-west-2.amazonaws.com/golab.prod/documents/PFS_fact_sheet_Xr4GEg4.pdf

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