Section 42-160-1. – Short title.

§ 42-160-1. Short title. This act shall be known and may be cited as the “Rhode Island Pay for Success Act.” History of Section.P.L. 2021, ch. 162, art. 14, § 8, effective July 6, 2021.

Section 42-160-2. – Legislative findings.

§ 42-160-2. Legislative findings. The general assembly hereby finds and declares as follows: (1) Pay-for-success contracts are executed detailing the outcomes, associated repayment, and evaluation process to be conducted by a third party. The proceeds are disbursed to a nonprofit organization(s) that will execute the intervention delivering services and other resources, such as housing, to […]

Section 42-160-3. – Annual reporting.

§ 42-160-3. Annual reporting. The executive office, in collaboration with the Rhode Island Coalition to End Homelessness, shall provide yearly progress reports to the general assembly beginning no later than January 30, 2022, and annually thereafter until January 30, 2027. These reports will include recommendations on a proposed structure for entering into pay for success […]

Section 42-160-4. – Definitions.

§ 42-160-4. Definitions. For the purpose of this chapter: (1) “Coordinated entry system (CES)” means the partnership of all homeless service providers in the state through this initiative of the Rhode Island continuum of care. CES manages all diversion/entry to the shelter system through the coordinated entry hotline and manages the permanent housing placement part […]

Section 42-160-5. – Pilot program established.

§ 42-160-5. Pilot program established. There is established a five-year (5) pay-for-success pilot program to be administered by the Rhode Island executive office of health and human services. The pilot will follow the proposal outlined in the 2016 pay-for-success grant proposal to HUD and 2017 feasibility study. The pay-for-success project will provide a housing and […]

Section 42-160-6. – Establishment of restricted receipt account.

§ 42-160-6. Establishment of restricted receipt account. There is hereby created within the general fund of the state a restricted receipt account entitled or to be known as “Pay for Success.” The account shall be housed within the budget of the executive office of health and human services and shall be utilized to record all […]