Massachusetts ROCA Social Impact Bond

FACT SHEET: The Massachusetts Juvenile Justice Pay for Success Initiative • The Commonwealth of Massachusetts, Roca, Inc., and Third Sector Capital Partners, working with lenders Goldman Sachs, through its Social Impact Fund, The Kresge Foundation, and Living Cities and philanthropic grantors The Laura and John Arnold Foundation, New Profit Inc., and The Boston Foundation, are launching a Pay for Success (PFS) initiative to reduce recidivism and improve employment outcomes for young men at high risk of re-offending in the Boston, Chelsea, and Springfield, Massachusetts areas.