Grants / Department of the Treasury / SIPPRA

UST-SIPPRA-2024-002: Social Impact Partnerships to Pay for Results Act (SIPPRA) Projects

Closed Closed April 15, 2024 Opportunity UST-SIPPRA-2024-002 ☆ Save

This grant is closed. A newer notice from the same program is forecast: Social Impact Partnerships to Pay for Results Act Demonstration Projects (UST-SIPPRA-2027-003). Status: Forecast, no dates yet. It is in our archive of SIPPRA notices from 2024.

• Award ceiling$10.0 million
• Total funding$47.0 million
• Expected awards6
• Cost sharingNot required
• Funding typeGrant

Key dates

Who can apply

This opportunity was open to colleges and universities, state and local governments and tribes.

More grants for colleges and universities, state and local governments, tribes.

Is this a realistic fit?

• Past Social Impact Partnerships to Pay for Results Act (SIPPRA) awards averaged $4.3 million; this notice allows up to $10.0 million per award.
• Most of the program's money (100% over five years) went to state and local governments.
• No cost sharing or match is required.

What the grant funds

The Department of the Treasury (Treasury) is issuing this Notice of Funding Availability (NOFA) to invite applications from State and local governments for awards under the Social Impact Partnerships to Pay for Results Act (the “Act”). An award recipient will receive payment if a specified outcome of the social impact partnership project is achieved as determined by the project’s independent evaluator. The payment to the Awardee must be less than or equal to the value of the outcome to the federal government over a period not exceeding ten years from the date implementation commences. Awards made under this NOFA will be administered by Treasury or by another federal agency with expertise in the social benefits addressed in the proposed project. Treasury expects to award up to approximately $40.9 million in such competitive project grants under this NOFA. Treasury will prioritize projects that directly benefit children in order to meet the statutory threshold that 50 percent of awarded funds be used on awards that directly benefit children. In addition, State and local governments receiving project grants will be eligible to receive a grant for up to 15 percent of the project grant amount to pay for all or a portion of the cost of a statutorily required independent evaluation, which will be paid regardless of whether outcomes have been met. Treasury expects up to approximately $6.1 million to be available to pay for the costs of independent evaluations under this NOFA.

Category: Environment, Health, Housing, Income Security and Social Services.

Applying now

This notice no longer takes applications. Apply under the newer notice, UST-SIPPRA-2027-003, which is forecast.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.