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An experiment in supportive housing is beginning to pay off for the city of Denver, its homeless residents, and a group of investors banking on social impact. This fact sheet highlights early results from the Denver Supportive Housing Social Impact Bond Initiative.
In February 2016, the City of Denver and eight private investors closed on the city’s first social impact bond (SIB), an $8.6 million investment to fund a supportive housing program for 250 of the city’s most frequent users of the criminal justice system.