Treasury Asks for Feedback on Social Impact Funding Reviews
Published Date: 3/10/2026
Notice
Summary
The Treasury Department is updating how it collects info for the Social Impact Partnerships To Pay for Results Act (SIPPRA) program, which funds projects that help communities. They want your feedback on improving the application review process to make it faster and easier. If you’re involved in state or local government projects, now’s the time to weigh in before May 11, 2026!
Analyzed Economic Effects
7 provisions identified: 3 benefits, 3 costs, 1 mixed.
Application Content and Paperwork Burden
Applications must include SAM.gov registration, SF-424 family forms, a Project Narrative (including a one-page Executive Summary), attachments such as budgets, evaluation plans, and outcome valuation spreadsheets; Treasury estimates 25 respondents, 240 hours per response, and 6,000 total annual burden hours.
Pay-for-Results Payment Rules
Under SIPPRA, an Awardee receives federal payment only if an independent evaluation shows the project caused the agreed outcomes; any federal payment cannot exceed the value of the outcome to the federal government over a valuation period that may be up to ten years from the project's start, and applicants must use non-federal funds to cover initial project costs.
Funding Amounts Available
Treasury has made up to $11.8 million available under this NOFO, of which Treasury expects to award about $10.2 million for competitive project grants and up to approximately $1.6 million to pay for independent evaluations.
Independent Evaluator Funding and Rules
Treasury will fund a separate award to pay for independent evaluation activities up to 15 percent of the project grant amount (paid even if outcomes are not met); the evaluator must be independent, experienced in rigorous methods (RCTs or approved quasi-experimental designs), and procurement or final agreements must be in place before award finalization.
Outcome Valuation Must Use BIA
Applicants must use Budget Impact Analysis (BIA) — not Benefit Cost Analysis — to estimate the 'value to the federal government' for each outcome, select a valuation period up to 10 years, present federal savings and revenue estimates (rounded to the nearest $100), and note that period of performance must end by September 2032.
Reporting, Statistical, and Records Rules
Grant recipients must provide biannual performance reports, annual financial reports, periodic progress reports from independent evaluators (including before outcome payments), a final evaluation report within six months of project completion, retain records for three years after grant close-out, and design evaluations so results meet an 80 percent confidence threshold for statistical significance.
Who Can Apply — Government Only
If you are a State, the District of Columbia, a commonwealth, a U.S. territory or possession, a federally recognized Indian tribe, or a local government, you are eligible to apply. Applications from any other entity will not be reviewed, and each applying agency must have its own UEI number.
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