rikers-island-first-social-impact-bond-united-states.pdf
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Community Development INVESTMENT REVIEW 97 Rikers Island: The First Social Impact Bond in the United States John Olson and Andrea Phillips Goldman Sachs I n August 2012, Goldman Sachs Bank’s Urban Investment Group (UIG) announced the first social impact bond (SIB) in the United States, a $9.6 million loan it would make to support the delivery of therapeutic services to…
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