U.S. Treasury Announces $47 Million in Awards from the SIPPRA Program

WASHINGTON – The U.S. Department of the Treasury is pleased to announce the next round of awards from the Social Impact Partnerships to Pay for Results Act (SIPPRA) program. Six awardees from across the nation are eligible to receive $46.9 million in payments if they successfully achieve their expected results.The SIPPRA program is a pay for results program under which the federal government will make a payment only if the project meets predefined goals. The awards support projects that demonstrate measurable outcomes in areas such as reduced homelessness and improved children’s health while reducing governmental costs. By leveraging data and evidence-based practices, the SIPPRA program seeks to empower communities and improve the quality of life for those in need.“Through the SIPPRA program, we are committed to driving meaningful change by funding initiatives that deliver results for our communities,” said U.S.