Brief Finding Stability through Housing
Interim Lessons from Denver's Expansion of Supportive Housing
Mary K. Cunningham, Ruth Gourevitch, Mike Pergamit, Sarah Gillespie, Devlin Hanson, Tracey O'Brien, Christine Velez
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Denver’s expansion of supportive housing through the Denver Supportive Housing Social Impact Bond Initiative 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 interim results of the program.
Research Areas Crime, justice, and safety Social safety net Housing
Tags Homelessness Housing subsidies Pay for success
Policy Centers Metropolitan Housing and Communities Policy Center
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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 ...