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Date: November 22, 2024 Fri
Time: 11:48 am
Time: 11:48 am
Results for social impact bond
1 results foundAuthor: Cunningham, Mary Title: From Homeless to Housed: Interim Lessons from the Denver Supportive Housing Social Impact Bond Initiative Summary: People who experience chronic homelessness cycle in and out of jail, which affects their well-being and comes at a significant cost to taxpayers. Recognizing the gap in housing service provision for this vulnerable population and the substantial cost this has on taxpayers, the City and County of Denver, along with eight private investors, funded the Denver Supportive Housing Social Impact Bond Initiative (Denver SIB). The program launched in January 2016. Two and a half years since then, the Colorado Coalition for the Homeless (CCH) and the Mental Health Center of Denver (MHCD) have engaged some of the city's most vulnerable homeless residents and placed them in supportive housing. This report highlights key lessons and outcomes from the first two and half years of the Denver SIB program. We start by describing the problem of chronic homelessness in Denver and the role of supportive housing as a potential solution. Next, we provide an overview of the initiative, including the key partners, program model, engagement and enrollment process, and move into supportive housing. Finally, we discuss successes and challenges of engaging and enrolling participants in supportive housing and examine housing stability and jail stays, two of the Denver SIB project's key program outcomes. A companion brief, "Denver Supportive Housing Social Impact Bond Initiative: Housing Stability Outcomes," describes the housing stability payment outcomes for the Denver SIB to date. Details: Washington, DC: Urban Institute, 2019. 50p. Source: Internet Resource: Accessed March 21, 2019 at: https://www.urban.org/sites/default/files/publication/99181/from_homeless_to_housed_3.pdf Year: 2019 Country: United States URL: https://www.urban.org/sites/default/files/publication/99181/from_homeless_to_housed_3.pdf Shelf Number: 155096 Keywords: Homeless Persons Homelessness Housing Jails Mentally Ill Persons Poverty Social Impact BondSupportive Housing |