Brief Denver Supportive Housing Social Impact Bond Initiative: Housing Stability Payments
Mary K. Cunningham, Sarah Gillespie, Devlin Hanson, Michael Pergamit, Alyse D. Oneto, Prasanna Rajasekaran
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In February 2016, the City and County of Denver and eight private investors closed on the city’s first social impact bond, 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 a decrease in days spent in jail by participants. This report details the third assessment of housing stability payment outcomes and interim housing stability outcomes for the program.

Research Areas Crime, justice, and safety Social safety net Housing
Tags Pay for success Housing stability
Policy Centers Metropolitan Housing and Communities Policy Center