In 2014, Denver Mayor Michael B. Hancock announced a plan to better serve some of the city’s most vulnerable residents with supportive housing and intensive services. The Denver Supportive Housing Social Impact Bond Initiative (Denver SIB) fulfilled this commitment through innovative pay for success financing that helped fund supportive housing for hundreds of individuals who were experiencing chronic homelessness and frequently interacting with police, jails, and emergency rooms. A five-year randomized controlled trial evaluation demonstrated the remarkable success of the Denver SIB.
Join the Urban Institute and the City of Denver for a summary of the soon-to-be-released evaluation findings and pay for success outcomes, and a panel discussion about the implementation of the initiative and the implications of its success.
Speakers
- Dr. Carl Clark, President and Chief Executive Officer, Mental Health Center of Denver
- Mary K. Cunningham, Vice President, Metropolitan Housing and Communities, Urban Institute
- Margaret Danuser, Deputy Chief Financial Officer, City and County of Denver
- Deborah De Santis, President and Chief Executive Officer, Corporation for Supportive Housing
- Britta Fisher, Chief Housing Officer, City and County of Denver
- Michael B. Hancock, Mayor, City and County of Denver (prerecorded remarks)
- Deborah Kasemeyer, Director of Community Development and Investments, Northern Trust
- John Parvensky, President and Chief Executive Officer, Colorado Coalition for the Homeless
Materials
- Speaker Biographies
- Feature Report
- Report: Breaking the Homelessness-Jail Cycle with Housing First: Results from the Denver Supportive Housing Social Impact Bond Initiative
- Report: Denver Supportive Housing Social Impact Bond Initiative: Final Outcome Payments
- Report: Costs and Offsets of Providing Supportive Housing to Break the Homelessness-Jail Cycle
- Fact Sheet: Breaking the Homelessness-Jail Cycle through a Housing First Approach
- Fact Sheet: Final Investor Payments for Denver’s Innovative Supportive Housing Program
- Fact Sheet: Analyzing the Costs and Offsets of Denver's Supportive Housing Program
- Working Paper: Improving Health Care through Housing First