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Report Pathways to Economic Advancement

A collaboration of the Commonwealth of Massachusetts, Jewish Vocational Service (JVS), and Social Finance, this Pay for Success project increases access to programs that assist adult English-language learners in making successful transitions to employment, higher wage jobs, and higher education.

Organization: Executive Office for Administration and Finance
Date published: February 12, 2021

Introduction

This Pay for Success Contract, dated June 30, 2016 (the “PFS Contract”), is entered into as of the date hereof by and between (a) THE COMMONWEALTH OF MASSACHUSETTS (the “Commonwealth”), acting by and through (i) the Executive Office for Administration and Finance (“EOAF”), (ii) the Executive Office of Labor and Workforce Development (“EOLWD”); and (iii) the Executive Office of Education (“EOE”), (b) JEWISH VOCATIONAL SERVICE (“JVS”), a Massachusetts not-for-profit corporation, (c) SOCIAL FINANCE, INC. (“SFI”), a Massachusetts non-profit corporation, and (d) MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC (“SFMA”), a Delaware limited liability company and wholly-owned subsidiary of SFI. The Commonwealth, JVS, SFI and SFMA are referred to collectively herein as the “Parties.”

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