In 2015, Reinvestment Fund provided financing for California’s first Pay for Success (PFS) project. Project Welcome Home in Santa Clara, CA, will provide community-based clinical services and permanent supportive housing for up to 200 chronically homeless individuals. The program brings together the County of Santa Clara, California and Abode Services, a national leader in innovative housing services for homeless persons.Read Story
Reinvestment Fund and the Robert Wood Johnson Foundation (RWJF) announced that the first phase of application to become part of the Invest Health initiative resulted in 182 submissions of Letters of Intent, representing 169 unique cities in 46 states. This first phase of the application process closed on January 29, 2016. Invest Health is a pioneering, multi-sector initiative of Reinvestment Fund and RWJF that seeks to fundamentally change the way cities improve opportunities for their citizens to live healthy lives. Through this initiative, teams of five cross-sector leaders in up to 50 mid-sized cities will be selected to participate in a robust 18-month effort designed to accelerate municipal capacity to take action on multiple determinants of health in low-income communities.Read More
In 2014, the Wells Fargo Regional Foundation engaged Reinvestment Fund and Success Measures at NeighborWorks America to jointly evaluate the impact of its grantmaking and related programs from 2003 to 2013, to determine if practices in its approach could be transferred to other regions, and to assess its influence in the field. The Wells Fargo Regional Foundation has a well-established continuum of grantmaking and technical-assistance programs designed to improve the quality of life for children and families living in low-income communities in eastern Pennsylvania, Delaware, and New Jersey. The evaluation examined lessons from 140 grants, totaling $41.69 million, that enabled hundreds of projects in the region and leveraged $231.5 million in direct and indirect neighborhood investment.