20-02-2016 19:47 via krqe.com

States seek private financial help to fix social issues

HARTFORD, Conn. (AP) — A growing number of states and local governments are turning to an unconventional method of financing possible fixes to big social problems, motivated by tight budgets and little incentive to take a chance on initiatives without a guarantee of results.
On Tuesday, officials in Connecticut, South Carolina and Colorado announced new public/private arrangements to fund so-called “pay for success” projects that aim to help families struggling with drug addict
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