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Governor Quinn Announces Illinois’ First Pay for Success Project

Innovative Project Will Increase Support for At-Risk Youth Through Performance-Based Contracts Backed by Private Investment

CHICAGO–(ENEWSPF)–May 5, 2014.  Governor Pat Quinn today announced the state’s first Pay for Success (PFS) contract will increase support for at-risk youth who are involved in both the child welfare and juvenile justice systems in Illinois. Also known as Social Impact Bonds, the first contract awarded under this innovative initiative will go to One Hope United, in partnership with the…

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