Youth Hostel and drop in resource centre: Open 24/7 - 17 Centre Street, in St. Catharines ( View Map)

  • Phone: (905) 984-4365 / 1-833-984-4365
  • Email: Click here

The RAFT Social Impact Bond Pilot - Update

Posted Nov 16th, 2015

Ontario is moving forward with it's Social Impact Bonds (SIBs). The RAFT was one of four organizations selected to run a pilot project based on their SIB idea. The RAFT's proposed idea is to target over 900 at-risk young people, primarily in under-served rural areas surrounding Haldimand-Norfolk County, Niagara Region and Hamilton, to increase high school graduation rates and improve employment and social outcomes. A report was issued November 12, 2015 outlining the current status of the SIBs.

To view this report, please visit: https://www.ontario.ca/page/piloting-social-impact-bonds-ontario-development-path-and-lessons-learned?_ga=1.27849276.185304496.1447714426

For the News Release regarding the update, please visit: http://news.ontario.ca/medt/en/2015/11/ontario-moving-forward-with-social-impact-bonds.html?utm_source=digest&utm_medium=email&utm_campaign=p

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