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The Green & Healthy Homes Initiative (GHHI) is a 501(c)3 entity with the mission of breaking the link between unhealthy housing and unhealthy families. GHHI supports housing, environmental health, and energy efficiency services for families in communities around the country, as well as conducting direct services in Maryland. GHHI’s delivery model is based on its data-driven philosophy that public and private social investments are optimized and social program outcomes are maximized when the energy, health and safety needs of an occupied home are addressed comprehensively, efficiently and simultaneously.
About Pay for Success / Social Impact Financing
Pay for Success (PFS) models prioritize paying for outcomes of a social service, rather than funding based solely on the delivery of services. In its most basic form, private investors participating in a PFS model pay the upfront costs for providing evidence-based social services and government agencies or private institutions repay investors with a modest return on their investment if the program achieves agreed-upon outcomes (such as decreased healthcare expenditures). PFS projects typically have three broad stages: feasibility analysis, transaction structuring, and implementation. GHHI has a cohort of a dozen PFS projects in ten states focused on providing environmental and education services for high-cost asthma patients.
The organization has an expanding portfolio applying this model to other public health issues such fall and injury prevention, lead poisoning prevention, and energy efficiency.
Social Innovation Specialist - Duties include but are not limited to:
1) Technical Assistance: Deliver assistance on PFS feasibility, service delivery design, financial structuring, savings projections, transaction structuring, outcome evaluation planning, term sheet development, and risk management to organizations who are working with GHHI on PFS transactions. The Specialist will be creating documents and models as part of the technical assistance.
2) Project Management: Facilitate meetings as part of PFS project development; Maintain effective communication and conduct follow up activities with GHHI staff, partners and funders; Manage the services being delivered to technical assistance partners; and ensure compliance with all reports and information necessary for public and private funders around the PFS and social innovation work.
3) Research and analysis: Identify and leverage models and lessons learned from other PFS / Social Impact Bonds projects in this emerging field; Review launched and developing transactions around the country; Stay abreast of new tools and approaches to implement PFS; Review similar financial models and negotiated terms that might inform PFS development; Research health payment models and regulations around utilizing outcome-based payments for health services; Research GHHI-related opportunities for PFS.
4) Partnership Development : Work closely with GHHI national staff to develop relationships within the PFS space, including with investors, philanthropies, federal agencies, local governments, and service providers; develop and advocate for key strategic relationships and partnerships that could bolster GHHI capacity and create new PFS-related opportunities; Produce materials that aid GHHI in becoming a strong national voice for PFS and a robust actor in the knowledge sharing that is critical to this emerging field.
5) Capacity building: Identify needs of partners, especially the programs that are seeking to deliver services under a PFS or outcomes-based arrangement; Support building their capacity including working on pilots, improved processes and budgets, and determining the optimal scale and target population for the program.
6) Other Duties:
• Deliver presentations, webinars, and trainings on PFS related activities
• Helping to develop materials and proposals for funding PFS activities
• Developing GHHI transaction structuring and implementation tools and resources
• General assistance with special projects as assigned by the President &CEO as warranted and applicable to advancing professional development.
The successful applicant must possess:
• Graduate degree in finance, economics, business management, public policy, government, public health, law, or other related field
• Experience in financial transactions, consulting, economic modeling, or related duties
• Proven project management and organizational skills with attention to detail
• A demonstrated ability to effectively collaborate and achieve results across multiple partnerships and agendas
• An ability to work independently and lead technical assistance efforts while serving as part of a national team
• Cultural competency and strong interpersonal skills for interacting with colleagues, clients and program partners of all demographic and professional levels
• A track record for open and effective internal and external communication; be able to effectively engage diverse audiences and stakeholders verbally and in writing
• Strong presentation and public speaking skills
• Flexibility, initiative, and a collaborative spirit
• High proficiency in Microsoft Office Suite
• Willingness to travel for meetings and conferences
The ideal Social Innovation Specialist will possess:
• Experience working with social innovation / social impact financing / pay for success transactions
• Familiarity and experience working within the healthcare sector or in public health
• Experience in healthcare payment models, public health, managed care organizations, accountable care entities, hospital systems, government, or procurement
• Strong understanding and commitment to addressing health, environmental and economic inequities through solution-based approaches
• Experience in communications or design
This is a full-time, exempt position. Position includes full benefits package and competitive salary commensurate with education and experience. GHHI is an equal opportunity employer. The position reports to the Vice President of Policy and Innovation. GHHI’s D.C. office is at 1612 K Street, NW, Suite 902, Washington, DC 20006 (near Farragut North and Farragut West metros). GHHI’s Baltimore office is at 2714 Hudson St., Baltimore MD 21224. Interested candidates should send resume, cover letter and salary history to GHHI’s Department of Human Capital at firstname.lastname@example.org.