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  • Paying for success: The story of how Utah became a leader in social impact investing

    Emily Hoeven

    February 08, 2019 |

    Deseret News |

    Text |

    1500-3000 Words

    Response Location: United States, Salt Lake City, Utah

    Utah played a key role in passing federal legislation that set aside $100 million for underserved communities — without the government having to pay a dollar upfront. In this model, the government doesn’t pay for any social program that isn’t successful. If there isn't a measurable impact, private investors take the financial hit — not taxpayers. If carefully measured data proves that the program was successful, only then does the government pay back investors.

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