Denver Supportive Housing Social Impact Bond Initiative: Housing Stability Outcomes

Research Report

Denver Supportive Housing Social Impact Bond Initiative: Housing Stability Outcomes

Report to the Governance Committee

Abstract

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. The city will make outcome payments over five years based on the initiative’s goals of housing stability and decreased jail days. This report details the first assessment of housing stability payment outcomes.

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