Section 97010 Of Title 15.8. Social Innovation Financing Program From California Government Code >> Title 15.8.
97010
. (a) There is hereby established the Social Innovation
Financing Program.
(b) The board shall administer the Social Innovation Financing
Program.
(c) (1) The board shall solicit proposals for social innovation
financing from county boards of supervisors and shall select three
counties to receive grant funding.
(2) Before awarding a grant pursuant to paragraph (1), the board
shall evaluate the quality of the proposal for which the grant is to
be awarded.
(3) At a minimum, each application for a grant shall include all
of the following:
(A) A description of the proposed social program.
(B) A description of the organization's experience in providing
the proposed social program.
(C) A description of the financial stability of the organization.
(D) An identification of each component of the social program to
be provided.
(E) A description of the manner in which the social program will
be provided.
(F) A description of the recruitment or selection process, or
both, for participants in the social program.
(G) The proposed quantifiable results and performance thresholds
upon which success of the social program will be measured.
(H) An itemization of all expenses proposed to be reimbursed under
the contract.
(I) The amount of matching funds provided by the county.
(J) A description of how the final payments for successful
programmatic outcomes will be calculated and structured in the
contract.
(K) A description of all parties to the proposed contract,
including prospective investors and philanthropic foundations.