Social Impact Partnerships to Pay for Results Act (SIPPRA) Projects
ID: 352286Type: Posted
Overview

Buyer

SIPPRA (USDOT-DO-SIPPRA)

Award Range

$0 - $10M

Eligible Applicants

Public Housing Authorities/Indian Housing Authorities

Funding Category

Income Security and Social Services

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/352286

Additional Information

https://home.treasury.gov/services/social-impact-partnerships/sippra-pay-for-results
Timeline
    Description

    The U.S. Department of the Treasury is inviting applications for the Social Impact Partnerships to Pay for Results Act (SIPPRA) Projects, offering funding to state and local governments for initiatives that yield measurable social benefits, particularly those benefiting children. The program aims to support projects that demonstrate potential cost savings for government entities, with award recipients receiving payments based on outcomes verified by independent evaluations. A total of approximately $47 million is available, with $40.9 million allocated for project grants and $6.1 million for independent evaluations, and applications are due by April 15, 2024, with awards expected by October 15, 2024. Interested applicants can find more information and contact the SIPPRA Program Office at SIPPRA@Treasury.gov.

    Point(s) of Contact
    SIPPRA@Treasury.gov
    Files
    Title
    Posted
    SIPPRA-NOFA 2024.pdf
    SIPPRA-NOFA.pdf
    The U.S. Department of the Treasury has released a Notice of Funding Availability (NOFA) for the Social Impact Partnerships to Pay for Results Act (SIPPRA) Projects, inviting state and local governments to apply for funding. The total funding available is $47 million, with approximately $40.9 million allocated for social impact projects and $6.1 million for independent evaluations. Applications are due by April 15, 2024, with awards expected by October 15, 2024. The SIPPRA program aims to fund initiatives that yield measurable social benefits and cost savings for government entities, particularly those benefiting children. Award recipients will receive payments based on outcomes verified by independent evaluations. Key aspects of the application include demonstrating potential savings to government, conducting benefit-cost analyses, and establishing outcomes that provide significant societal impacts. Independent evaluations of the projects are mandatory and will be funded up to 15% of the project grant amount. The NOFA emphasizes the importance of rigorous evidence-based methodologies for evaluating project success. Eligible applicants include state and local governments, but not private entities. The document outlines various requirements and ensures an emphasis on transparency, accountability, and effective use of federal funds through a structured application process.
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