Project
| ID | INDIGO-POJ-0091 |
|---|---|
| Impact Bond Name - (Value) | Denver Housing to Health Initiative |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2016-02 |
| Dates - Start date of service provision - (Value) | 2016-02 |
| Dates - (Source ID's) | source2,source3 |
| Dates - (Notes) | Contractual quarter started on 1/1/2016 |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 8650000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 8650000 |
| Purpose and classifications - Intervention - (Value) | Provide housing and supportive case management services (i.e. Housing First). The intervention focuses on preventive services to help individuals lead more stable and productive lives, reduce the likelihood of them engaging in nuisances and crimes, and therefore avoid expensive encounters with the criminal justice and safety-net systems. The service providers use modified models based on an Assertive Community Treatment (i.e. ACT) model for supportive services, which is a highly integrated and intensive approach for delivering community mental health services. Additionally, participants will also be enrolled in Medicaid. |
| Purpose and classifications - Policy sector - (Value) | Homelessness |
| Purpose and classifications - (Source ID's) | source14,source1 |
| Service and beneficiaries - Target population - (Value) | Frequent users of public services who increase the costs of such services by cycling in and out of jail and detox centers and by using emergency medical services. Service provider identified individuals who had at least 8 arrests over three years (2012 - 2014), who identified as transient (having no address or providing the address of a shelter) at the time of their arrest, and had multiple detox visits per year. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 250 |
| Service and beneficiaries - (Source ID's) | source16 |
| Notes - (Value) | The City and State contribute to the project's capital construction through low-income housing tax credits and vouchers, as well as Medicaid funding. |
| Delivery Locations 1: Location - Name - (Value) | Denver, Colorado, USA |
| Delivery Locations 1: Location - Country - (Value) | US |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 39.753166 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -104.999956 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Denver Social Impact Bond program to address homelessness fact sheet (2016) - p.1. Accessed on 28/7/2019 at https://www.csh.org/wp-content/uploads/2011/12/Denver-SIB-FactSheet.pdf |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 1. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Denver Social Impact Bond program to address homelessness fact sheet (2016) - p.1. Accessed on 28/7/2019 at https://www.csh.org/wp-content/uploads/2011/12/Denver-SIB-FactSheet.pdf &&& Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 7. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 5. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | GuideStar, https://www.guidestar.org/search |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Denver Social Impact Bond program to address homelessness fact sheet (2016) - p.2. Accessed on 28/7/2019 at https://www.csh.org/wp-content/uploads/2011/12/Denver-SIB-FactSheet.pdf |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 10 . Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 10 - 11. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Housing Stability Outcomes (November, 2018) - p.1, accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 10: Id | source10 |
| Sources 10: Name - (Value) | Denver Social Impact Bond Initiative - Permanent Supportive Housing program summary (2016) - p.3. accessed on 28/7/2019 at https://www.denvergov.org/content/dam/denvergov/Portals/344/documents/Denver_SIB_Summary.pdf |
| Sources 11: Id | source11 |
| Sources 11: Name - (Value) | Denver Social Impact Bond program to address homelessness fact sheet (2016) - p.1. Accessed on 28/7/2019 at https://www.csh.org/wp-content/uploads/2011/12/Denver-SIB-FactSheet.pdf &&& Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 7. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 12: Id | source12 |
| Sources 12: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Housing Stability Outcomes (November, 2018) - p.5, accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 13: Id | source13 |
| Sources 13: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Housing Stability Outcomes (November, 2018) - p.2 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 14: Id | source14 |
| Sources 14: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Evaluation and Research Design (March 2016) - p.4 - 6 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 15: Id | source15 |
| Sources 15: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - Exhibit D-5 (MHCD Service Agreement Scope of Work) . Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 16: Id | source16 |
| Sources 16: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Evaluation and Research Design (March 2016) - p.3. accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 17: Id | source17 |
| Sources 17: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Evaluation and Research Design (March 2016) - p.24 - 26 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 18: Id | source18 |
| Sources 18: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Evaluation and Research Design (March 2016) - p.20 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 19: Id | source19 |
| Sources 19: Name - (Value) | Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 14 . Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Sources 20: Id | source20 |
| Sources 20: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Housing Stability Outcomes (November, 2018) - p.9 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 21: Id | source21 |
| Sources 21: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Housing Stability Outcomes (November, 2018) - p.1 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 22: Id | source22 |
| Sources 22: Name - (Value) | Urban Institute, Denver Supportive Housing Social Impact Bond Initiative - Evaluation and Research Design (March 2016) - p. 26 . accessed on 28/7/19 at https://www.urban.org/sites/default/files/publication/99180/denver_supportive_housing_social_impact_bond_initiative_3.pdf |
| Sources 23: Id | source23 |
| Sources 23: Name - (Value) | Denver Social Impact Bond Initiative - Permanent Supportive Housing program summary (2016) - p.3 . Accessed on 28/7/2019 at https://www.csh.org/wp-content/uploads/2011/12/Denver-SIB-FactSheet.pdf &&& Social Impact Bond contract by and between The City and County of Denver, Colorado and Denver PFS, LLC (February 2016) - p. 7. Accessed on 28/7/2019 at https://www.payforsuccess.org/sites/default/files/resource-files/Denver%20PFS%20Contract_201523939_20160205_172505.pdf |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0553 |
| Service Provisions 2: Id | serviceprovision2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-0554 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0561 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | $5,290,000 (housing stability); $6,130,000 (jail day reduction) |
| Outcome Payment Commitments 1: Total outcome payments made - Amount - (Value) | $1,020,000 (interim results) |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0110 |
| Investments 1: Investment Type - (Value) | senior loan (jail bed outcome) |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0562 |
| Investments 2: Investment Type - (Value) | senior loan (jail bed outcome) |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0111 |
| Investments 3: Investment Type - (Value) | senior loan (jail bed outcome) |
| Investments 4: Id | investment4 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-0563 |
| Investments 4: Investment Type - (Value) | senior loan (jail bed outcome) |
| Investments 5: Id | investment5 |
| Investments 5: Organisation ID - (Value) | INDIGO-ORG-0564 |
| Investments 5: Investment Type - (Value) | senior loan (jail bed outcome) |
| Investments 6: Id | investment6 |
| Investments 6: Organisation ID - (Value) | INDIGO-ORG-0167 |
| Investments 6: Investment Type - (Value) | senior loan (housing stability) |
| Investments 7: Id | investment7 |
| Investments 7: Organisation ID - (Value) | INDIGO-ORG-0565 |
| Investments 7: Investment Type - (Value) | senior loan (housing stability) |
| Investments 8: Id | investment8 |
| Investments 8: Organisation ID - (Value) | INDIGO-ORG-0566 |
| Investments 8: Investment Type - (Value) | senior loan (housing stability) |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0414 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-0556 |
| Intermediary services 2: Organisation Role Category - (Value) | Performance management |
| Intermediary services 3: Organisation ID - (Value) | INDIGO-ORG-0557 |
| Intermediary services 4: Organisation ID - (Value) | INDIGO-ORG-0164 |
| Intermediary services 5: Organisation ID - (Value) | INDIGO-ORG-0560 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Increase in housing retention (pre-condition). Individual must maintain a lease for one year and have a lease, sublease, or occupancy to their name. Program and administrative data. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 250 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Increase in housing stability. Number of stable housing day for participants before and after one year threshold. Program and administrative data. |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Decrease in jail bed days - no. Reduction in number of jail bed days for participants of < 20% relative to control group. Administrative data. |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | Decrease in jail bed days. Reduction in number of jail bed days for participants of < 30% relative to control group. Administrative data. |
| Outcome Metrics 5: Id | outcomemetric5 |
| Outcome Metrics 5: Outcome Definition - (Value) | Decrease in jail bed days. Reduction in number of jail bed days for participants of < 65% relative to control group. Administrative data. |
| Outcome Metrics 6: Id | outcomemetric6 |
| Outcome Metrics 6: Outcome Definition - (Value) | Decrease in jail bed days. Reduction in number of jail bed days for participants of >= 65% relative to control group. Administrative data. |
| Results 1: Outcome Metric Id - (Value) | outcomemetric1 |
| Results 1: Number engaged In impact bond - (Value) | 285 (up to 30/6/18) |
| Documents 1: Title - (Value) | PFS - Contract |
| Documents 1: URL - (Value) | https://s3.eu-west-2.amazonaws.com/golab.prod/documents/Denver_PFS_contract_v9I4clJ.pdf |
| Documents 2: Title - (Value) | PFS - Fact Sheet |
| Documents 2: URL - (Value) | https://s3.eu-west-2.amazonaws.com/golab.prod/documents/PFS_fact_sheet-10.pdf |