In this division:
The term “agency” has the meaning given that term in section 551 of title 5.
The term “intervention” means a specific service delivered to achieve an impact through a social impact partnership project.
(4) Social impact partnership project
The term “social impact partnership project” means a project that finances social services using a social impact partnership model.
(5) Social impact partnership modelThe term “social impact partnership model” means a method of financing social services in which—
(B) the State or local government coordinates with service providers, investors (if applicable to the project), and (if necessary) an intermediary to identify—
an intervention expected to produce the outcome;
a service provider to deliver the intervention to the target population; and
investors to fund the delivery of the intervention.
(Aug. 14, 1935, ch. 531, title XX, § 2063, as added Pub. L. 115–123, div. E, title VIII, § 50802(2), Feb. 9, 2018, 132 Stat. 282.)