6th Annual National Transitional Jobs Conference

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• 6th Annual National Transitional Jobs Conference
• Strengthening Communities
• Building the Workforce of the Future
• Transitional Jobs Work
• BREAKOUT SESSION Finding and Sustaining
• Transitional Jobs Funding

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Overview of the Financing Sustainability of TJ
Programs
Sixth Annual Transitional Jobs Conference October
12, 2006 Christianne Lind

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Why are Financing Sustainability Critical?

• Because transitional jobs initiatives are costly
• Because there are no dedicated funding sources
  supporting transitional jobs initiatives, and
  available funding is fragmented
• Because we operate in a rapidly changing
  environment (political, economic, and demographic
  changes)
• Because we cant afford to lose quality programs
  and important innovations

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Key Elements of Sustainability

• 1. Vision
• 2. Results orientation
• 3. Strategic financing orientation
• 4. Adaptability to changing conditions
• 5. Broad base of community support
• 6. Key champions
• 7. Strong internal systems
• 8. Sustainability plan

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Developing AStrategic Financing Plan

• Financing for what? At what level? Over what time
  period?
• How much do you need?
• Estimate costs
• Identify the resources
  
• (cash and in-kind) currently
• supporting your initiative
• Identify gaps

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Developing A Strategic Financing Plan

• What are your funding options?
• Make better use of existing resources
• Maximize use of available funding sources
  (federal, state, local, and foundation grants)
• E.g. Federal TANF, WIA, CDBG, CSBG, FSET, SSBG,
  State Vocational Rehabilitative Services,
  YouthBuild, Serious Violent Reentry Initiative,
  Operation Weed Seed, etc.
• Create public-private partnerships
• Generate new revenue sources (fundraising,
  business income)
• What funding sources best meet your needs?

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Selecting Funding Sources

• Things to consider
• Amount of revenue generated
• Administrative burden
• Funding mix
• Timing
• Uses
• Politics
• Partnerships

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Key Lessons

• Think broadly outside of the employment and
  training world
• Focus on financing sustainability from the
  beginning
• Develop a portfolio of funding sources
• Remember that this is a long-term process
  target resources strategically
• Make financing sustainability planning part of
  your routine operations

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Resources
Financing Transitional Jobs Programs A
Strategic Guide to Federal Funding
Programs http//www.financeproject.org/Publicatio
ns/transitionaljobs.pdf Catalogues an array of
federal funding sources that can be used to
support TJ initiatives for ex-offenders, homeless
men and women, and youth. Economic Success
Clearinghouse http//www.financeproject.org/irc/w
in.asp Includes resources on policies, programs,
and financing strategies related to welfare,
workforce development, work supports, income
supplements and asset development. Sustainabili
ty Training Institute Planning Workbook
brochure http//www.financeproject.org/newproducts
_files/FP20Sustain20Brochure.pdf Summarizes
The Finance Projects sustainability tools and
training services The Finance Project 1401
New York Avenue, NW, Suite 800, Washington, DC
20005, Tel [phone], www.financeproject.org