Assistance for Trenton NJ:
How Wall St. Money Could Help Social Programs In Trenton
NJ.com
Across the country, a growing number of cash-strapped governments looking for ways to fund social programs are turning to a new kind of public-private partnerships known as social impact bonds.
The concept might now find its way to Trenton following a student research project at The College of New Jersey.
Students in Susan Hume’s finance class researched programs happening elsewhere — some successful, some not — and presented their findings this week to the Trenton Area Stakeholders, a diverse network of community leaders who are working to improve the city.