Project
| ID | INDIGO-POJ-0148 |
|---|---|
| Impact Bond Name - (Value) | London Homelessness Social Impact Bond (St Mungo's/Street Impact) |
| Stage of Development - (Value) | Complete |
| Dates - Date outcomes contract signed - (Value) | 2011-12 |
| Dates - Start date of service provision - (Value) | 2012-11 |
| Dates - (Source ID's) | source2,source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | GBP |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1200000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 1895593.883 |
| Purpose and classifications - Intervention - (Value) | The interventions were designed around a Navigator approach, whereby key workers adopted a personalised and flexible approach, supporting the cohort to access existing provision and achieve sustained long-term outcomes. It targets a cohort not covered by key programmes for the most challenging long-term entrenched sleepers or for those new to the streets. |
| Purpose and classifications - Policy sector - (Value) | Homelessness |
| Purpose and classifications - (Source ID's) | source10,source1 |
| Service and beneficiaries - Target population - (Value) | Individuals with recorded sleeping rough or in a rough sleeping hostel in London between July- September 2012, and recorded sleeping rough in London at least 6 times in the previous two years. |
| Service and beneficiaries - (Source ID's) | source11 |
| Notes - (Value) | Additional assessment: Impact evaluation involving Propensity Score Matching (PSM) to control for any differences between comparison groups and the SIB cohort on characteristics and past experiences |
| Outcome Funds 1: Id | INDIGO-FUND-0015 |
| Delivery Locations 1: Location - Name - (Value) | East and South East London ("ESE"): City of London, Croydon, Redbridge, Tower Hamlets, Hackney, Southwark, Lambeth, Lewisham, Greenwich and Newham. |
| Delivery Locations 1: Location - Country - (Value) | GB |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 51.50953 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -0.128534 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 5 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page 52 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page 3 |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 3 |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Individual charity websites |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 9 |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | (Social Finance website, accessed on 16 August 2019): https://sibdatabase.socialfinance.org.uk/?project_id=22 |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page 50-51 |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 10 |
| Sources 10: Id | source10 |
| Sources 10: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 9 and Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 3 |
| Sources 11: Id | source11 |
| Sources 11: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 11 |
| Sources 12: Id | source12 |
| Sources 12: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 31 (accommodation) Page 38 (reconnections) Page 42-43 (employment) Page 48 (health). Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page 69 (rough sleeping) |
| Sources 13: Id | source13 |
| Sources 13: Name - (Value) | Building the Tools for Public Services to Secure Better Outcomes: Collaboration, Prevention, Innovation (GO Lab, 2018) and Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 31 (accommodation) Page 38 (reconnections) Page 42-43 (employment) Page 48 (health) page 16 (rough sleeping) |
| Sources 14: Id | source14 |
| Sources 14: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 31 (accommodation) Page 38 (reconnections) Page 48 (health). Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page vii. Qualitative evaluation of the London homelessness social impact bond First Interim Report (DCLG, 2014) page 69 (rough sleeping) |
| Sources 15: Id | source15 |
| Sources 15: Name - (Value) | Qualitative evaluation of the London homelessness social impact bond Second Interim Report (DCLG, 2015) Page 31 (accommodation) Page 38 (reconnections) Page 42-43 (employment) Page 48 (health) |
| Sources 16: Id | source16 |
| Sources 16: Name - (Value) | Own calculation |
| Sources 17: Id | source17 |
| Sources 17: Name - (Value) | The impact evaluation of the London Homelessness Social Impact Bond (DCLG, 2017) Page 15 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0127 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0088 |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-0432 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0132 |
| Investments 1: Investment Type - (Value) | Loan |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0704 |
| Investments 2: Investment Type - (Value) | Loan |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0127 |
| Investments 3: Investment Type - (Value) | Equity investment |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0002 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Reduction in rough sleeping Reduced number of individuals rough sleeping each quarter. This outcome is a baseline and not a cumulative measure Assessed on the basis of the number of individuals within the cohort found to be sleeping rough against an initial baseline assessment. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 416 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Move into Accommodation Initial prevention or relief of homelessness/ entry into accommodation which is a non-hostel tenancy This outcome is an individual measure of entry into accommodation with a tenancy (as opposed to a hostel) agreement and then the sustainment of that tenancy at 12 and 18 months. Living with friends and family (own bedroom) or in a care home (where this is for life not treatment) are also eligible outcomes. There is an allowance for the individual being recorded on CHAIN as rough sleeping two times in the first 12 months and once in the final six. This was included in the design of the SIB in recognition of the occasional (‘recreational’) rough sleeping expected amongst the cohort |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Accommodation sustained for 12 Months Sustainment of accommodation for 12 months with no identified risk of homelessness |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | Accommodation sustained for 18 Months Sustainment of accommodation for 18 months with no identified risk of homelessness |
| Outcome Metrics 5: Id | outcomemetric5 |
| Outcome Metrics 5: Outcome Definition - (Value) | Initial reconnection Individual measure of reconnection to the home country for non-UK nationals without a right to reside in the UK; or for those with a right to remain but who volunteer to be reconnected. Payment is made on evidence of reconnection – travel documentation, stable accommodation in the home country |
| Outcome Metrics 6: Id | outcomemetric6 |
| Outcome Metrics 6: Outcome Definition - (Value) | 6 month sustainment Individual measure of reconnection to the home country for non-UK nationals without a right to reside in the UK; or for those with a right to remain but who volunteer to be reconnected. Evidenced by there being no recorded bedded down street contact (rough sleeping) on CHAIN in the next six months |
| Outcome Metrics 7: Id | outcomemetric7 |
| Outcome Metrics 7: Outcome Definition - (Value) | NQF Target Service users take up training and education opportunities to obtain a target level qualification Payment for achievement. Payments when volunteering or employment sustained for 13 and 26 weeks. |
| Outcome Metrics 8: Id | outcomemetric8 |
| Outcome Metrics 8: Outcome Definition - (Value) | 13 Weeks part-time Employment Sustained part time employment for 13 weeks |
| Outcome Metrics 9: Id | outcomemetric9 |
| Outcome Metrics 9: Outcome Definition - (Value) | 26 Weeks part-time Employment Sustained part time employment for 26 weeks |
| Outcome Metrics 10: Id | outcomemetric10 |
| Outcome Metrics 10: Outcome Definition - (Value) | 13 Weeks full-time Employment Sustained full time employment for 13 weeks |
| Outcome Metrics 11: Id | outcomemetric11 |
| Outcome Metrics 11: Outcome Definition - (Value) | 26 Weeks full-time Employment Sustained full time employment for 26 weeks |
| Outcome Metrics 12: Id | outcomemetric12 |
| Outcome Metrics 12: Outcome Definition - (Value) | 13 Weeks Volunteering Sustained volunteering for 13 weeks |
| Outcome Metrics 13: Id | outcomemetric13 |
| Outcome Metrics 13: Outcome Definition - (Value) | 26 Weeks Volunteering Sustained volunteering for 26 weeks |
| Outcome Metrics 14: Id | outcomemetric14 |
| Outcome Metrics 14: Outcome Definition - (Value) | Reductions in cohort A&E admissions Measure of reductions in cohort A&E admissions from the baseline at the start of the SIB contract. Reductions in cohort A&E admissions from the baseline at the start of the SIB contract |