Project
| ID | INDIGO-POJ-0008 |
|---|---|
| Impact Bond Name - (Value) | The Youth CONNECT Social Benefit Bond (Queensland) |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2017-06 |
| Dates - (Source ID's) | source2 |
| Overall project finance - Total investment commitment - Currency - (Value) | AUD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 5000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 3832128.031 |
| Purpose and classifications - Intervention - (Value) | The Youth CONNECT SBB provides support for young people aged 15-25 exiting statutory care and at risk of homelessness. The ‘housing first’ approach recognises the importance of stable and secure housing to prevent immediate homelessness and provide a sense of safety — giving the young person an opportunity to focus on other important life-building skills. Participants are supported through the delivery of a comprehensive case management framework built on therapeutic and practical strategies and actions. The programme aims to help young care leavers enjoy better living conditions, enhanced participation in education and the workforce, better mental health outcomes, stronger personal relationships and improved social integration. |
| Purpose and classifications - Policy sector - (Value) | Homelessness |
| Purpose and classifications - (Source ID's) | source7,source1 |
| Service and beneficiaries - Target population - (Value) | Young people aged 15 to 18 years exiting the child protection system who have had four or more placements. Young people aged 15 to 25 years exiting the youth justice system, adult corrections system or in contact with homelessness services, who have past experience with the child protection system. |
| Service and beneficiaries - (Source ID's) | source8 |
| Delivery Locations 1: Location - Name - (Value) | Townsville, South East Queensland, Australia |
| Delivery Locations 1: Location - Country - (Value) | AU |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | -27.466156 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 153.100209 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Queensland Treasury Youth CONNECT Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youth-connect-social-benefit-bond/ |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Inferred from Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 22 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 34 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Queensland Treasury Youth CONNECT Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youth-connect-social-benefit-bond/. See also Westpac Media Release 2017 accessed on 04/08/2019 at https://www.westpac.com.au/about-westpac/media/media-releases/2017/25-july/. |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 4 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 26 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | Queensland Treasury Youth CONNECT Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youth-connect-social-benefit-bond/ and PeakCare Youth CONNECT - one of Queensland's Social Benefit Bonds, 2018 accessed on 27/07/2019 at http://peakcare.com.au/youth-connect-one-queenslands-social-benefit-bonds/ |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 10 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 11 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 10: Id | source12 |
| Sources 10: Name - (Value) | Churches of Christ in Queensland Youth CONNECT Social Benefit Bond Information Memorandum, N.D. p. 9 accessed on 27/07/2019 at https://s3.treasury.qld.gov.au/test-files/files/SBB-Youth-CONNECT-Information-Memorandum.pdf |
| Sources 11: Id | sourcehackandlearn2020 |
| Sources 11: Name - (Value) | Hack and Learn - September 2020 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0934 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0614 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0935 |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-0568 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Housing stability. Maintaining continuous stable accommodation for 6 months |
| Outcome Metrics 1: Primary SDG goal - (Value) | 11 |
| Outcome Metrics 1: Primary SDG target - (Value) | 11.1 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Employment stability. 12 months continuous employment. |
| Outcome Metrics 2: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 2: Primary SDG target - (Value) | 8.6 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Education stability. 12 months continuous education. |
| Outcome Metrics 3: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 3: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | Personal development. 12 months continuous personal development. |
| Outcome Metrics 4: Primary SDG goal - (Value) | 3 |
| Outcome Metrics 4: Primary SDG target - (Value) | 3.4 |