Treasurer Sprague Releases First Round of ResultsOHIO Feasibility Reports
Five projects deemed “Pay-for-Success Appropriate and Ready”
COLUMBUS – Ohio Treasurer Robert Sprague today announced the first five project proposals deemed “Pay-for-Success Appropriate and Ready” through the ResultsOHIO program. The five projects have received ResultsOHIO Feasibility Reports based on the initial round of screening.
“With issues like addiction, infant mortality, and poverty gripping our communities, we must find new ways to combat the most persistent challenges facing our state,” said Treasurer Sprague. “ResultsOHIO gives Ohio an avenue to do things differently – to be bold – and put innovative ideas to the test. Today’s announcement highlights five organizations that have the tools and vision to work under a pay-for-success model, and we wish them the best in their efforts to make their projects a reality.”
The five projects deemed “Pay-for-Success Appropriate and Ready” are:
- Cincinnati Works (Hamilton County): Seeks to expand long-term supports that not only focus on job skills and employment, but also address physical, psychological, spiritual, legal, and practical needs. Through this proposal, the organization aims to better address unemployment and underemployment with the goal of ultimately moving its members out of poverty.
- Columbus Works (Franklin County): The project seeks to expand career, life, and financial coaching, job placement services and wraparound supports to individuals as a means to address barriers to self-sufficiency, including legal services, medical and behavioral health care, and housing.
- Every Child Succeeds (Hamilton County): With a focus on reducing preterm births and its adverse impacts on mothers, infants, and families, Every Child Succeeds provides a year of home visiting services to high-risk pregnant women.
- Ohio Department of Higher Education (Statewide): The proposal encourages on-time graduation and the maximizing of military benefits among Ohio National Guard Scholarship students. This will be pursued through the utilization of a service provider to deliver coaching services prior to enrollment and during the first year of post-secondary education.
- OneFifteen Recovery (Montgomery County): With a mission to heal people experiencing substance use disorders, OneFifteen seeks to expand its integrated and accessible continuum of care for individuals in southwest Ohio’s criminal justice system.
Being deemed “Pay-for-Success Appropriate and Ready” through ResultsOHIO serves as a “seal of approval” for a project, validating its ability to be launched under a pay-for-success framework should the project earn the support of policymakers. These five projects have been issued a Feasibility Report from ResultsOHIO that they will be able to use to advocate for results-based funding from the Ohio General Assembly.
Upon passage of House Bill 166, the Ohio Treasurer’s office developed a streamlined, uniform review process to score ResultsOHIO applications. Following scoring, projects are deemed as being “Pay-for-Success Appropriate and Ready;” “Pay-for-Success Appropriate, but Not Ready;” “Not Pay-for-Success Appropriate;” or “Ineligible.”
ResultsOHIO is a program within the Treasurer’s office that enables policymakers and innovators to pursue pay-for-success projects aimed at tackling the most pressing social and public health challenges facing Ohio. The program’s infrastructure assesses prospective pay-for-success projects and shepherds their eventual launch and implementation. ResultsOHIO protects taxpayer dollars by focusing on bold, new results-based ideas. Public dollars will be used to reimburse project costs if it is proven to deliver real results at its conclusion.
More information on ResultsOHIO and the first round of feasibility reports can be found at www.results.ohio.gov.
Robert Sprague became Ohio’s 49th Treasurer of State on January 14, 2019, bringing to the office his extensive experience working on financial matters in both the public and private sectors. Under Treasurer Sprague’s direction, the office manages the state’s $29 billion investment and $11 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets.