Foyer Central is the only purpose-built Foyer in NSW, and the first Foyer in the world to be funded by a social impact bond. The newly constructed 53 studio apartments in Chippendale will provide young people with lived experience of out-of-home-care with a safe and affordable home while they develop skills to lead independent and fulfilling lives.
The Youth Employment Social Impact Program - established in partnership between the NSW Department of Education and Office of Social Impact Investment - seeks to help address youth unemployment across NSW. Applications are now open.
OSII is proud to announce that Australia’s first social impact bond, the Newpin Social Benefit Bond (Newpin SBB), has reached maturity after seven years of operation, with a new payment-by-results contract awarded to continue successful restoration services.