Project

IDINDIGO-POJ-0155
Impact Bond Name - (Value)Entrenched Rough Sleeping Social Impact Bond- Newcastle and Gateshead
Alternative Names - (Value)Five Bridges Changing Lives
Stage of Development - (Value)Complete
Dates - Start date of service provision - (Value)2017-12
Dates - (Source ID's)source4
Overall project finance - Total investment commitment - Currency - (Value)GBP
Overall project finance - Total investment commitment - Amount - Exact - (Value)400000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)514815.9644
Overall project finance - Maximum potential outcome payment - Currency - (Value)GBP
Overall project finance - Maximum potential outcome payment - Amount - (Value)1500000
Overall project finance - Maximum potential outcome payment - Amount USD - (Value)1930559.867
Purpose and classifications - Intervention - (Value)The initiative will help get people off the streets and into stable, long-term accommodation as part of the Department for Communities and Local Government’s Homelessness Prevention Programme. Working alongside other support services in the area, Changing Lives uses an asset-based approach that will bring the separate organisations together to the maximum benefit of the individual. There are 5 proposed service elements include: 1) Multi-disciplinary team –therapeutic skills 2) Housing First 3) Access to dedicated supported accommodation 4) Learning framework – reflective practice to collectively respond to obstacles to inclusion 5) Values – elastic tolerance & unconditional positive regard
Purpose and classifications - Policy sector - (Value)Homelessness
Purpose and classifications - (Source ID's)source10,source3
Service and beneficiaries - Target population - (Value)Cohort of single adults who are homeless and who have a history of rough sleeping or have been interacting with hostel services over the last 3 years or more.
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)185
Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value)185
Service and beneficiaries - (Source ID's)source11
Outcome Funds 1: IdINDIGO-FUND-0016
Delivery Locations 1: Location - Name - (Value)Newcastle and Gateshead, United Kingdom
Delivery Locations 1: Location - Country - (Value)GB
Delivery Locations 1: Lat/Lng - Lat - (Value)54.973052
Delivery Locations 1: Lat/Lng - Lng - (Value)-1.610169
Sources 1: Idsource1
Sources 1: Name - (Value)(Newcastle County Council, 2018) Newcastle Homelessness Prevention Briefing 2017-18 Q3 Page 15: https://www.newcastle.gov.uk/sites/default/files/2017-18_q3_homelessness_prevention_briefing_-_with_consultation.pdf
Sources 2: Idsource2
Sources 2: Name - (Value)(Newcastle City Council, 2019) Homelessness prevention in Newcastle: Examining the role of the 'local state' in the context of austerity and welfare reforms. Page 77: https://www.newcastle.gov.uk/sites/default/files/Housing%20and%20homelessness/Homelessness%20Prevention%20Trailblazer/Homelessness%20prevention%20in%20Newcastle%20-%20Examining%20the%20role%20of%20the%20local%20state%20-%20full%20report.pdf
Sources 3: Idsource3
Sources 3: Name - (Value)(Changing Lives website, accessed on 23 Aug 2019) Changing Lives receives funding from the Big Issue to tackle homelessness in Newcastle and Gateshead: https://www.changing-lives.org.uk/news-stories/bigissue-fund/
Sources 4: Idsource4
Sources 4: Name - (Value)(Inside Housing website, accessed on 23 Aug 2019) https://www.insidehousing.co.uk/home/home/the-beginners-guide-to-funding-housing-first-57459
Sources 5: Idsource5
Sources 5: Name - (Value)(Big Issue Invest website, accessed on 23 Aug 2019) Big Issue Invest: Outcomes fund begins with the homeless and vulnerable https://www.bigissue.com/latest/big-issue-invest-outcomes-fund-begins-with-homeless-and-vulnerable/ and (Changing Lives website, accessed on 23 Aug 2019) Changing Lives receives funding from the Big Issue to tackle homelessness in Newcastle and Gateshead: https://www.changing-lives.org.uk/news-stories/bigissue-fund/
Sources 6: Idsource6
Sources 6: Name - (Value)https://www.changing-lives.org.uk and https://oasiscommunityhousing.org/about-us/who-we-are/
Sources 7: Idsource7
Sources 7: Name - (Value)(Chronicle Live website, accessed on 23 Aug 2019) We need a new way to tackle homelessness - and we need it to be the Newcastle way https://www.chroniclelive.co.uk/news/north-east-news/need-new-way-tackle-homelessness-12641549
Sources 8: Idsource8
Sources 8: Name - (Value)(Big Issue Invest website, accessed on 23 Aug 2019) Big Issue Invest: Outcomes fund begins with the homeless and vulnerable https://www.bigissue.com/latest/big-issue-invest-outcomes-fund-begins-with-homeless-and-vulnerable/
Sources 9: Idsource9
Sources 9: Name - (Value)(Newcastle County Council, 2018) Newcastle Homelessness Prevention Briefing 2017-18 Q3 Page 16: https://www.newcastle.gov.uk/sites/default/files/2017-18_q3_homelessness_prevention_briefing_-_with_consultation.pdf
Sources 10: Idsource10
Sources 10: Name - (Value)(Changing Lives website, accessed on 23 Aug 2019) Changing Lives receives funding from the Big Issue to tackle homelessness in Newcastle and Gateshead: https://www.changing-lives.org.uk/news-stories/bigissue-fund/ and (Newcastle City Council 2018) Newcastle’s Homelessness Strategy 2014-19 –Action Plan 2014 (Quarter 3, 2017-18 update). Page 16: https://www.newcastle.gov.uk/sites/default/files/newcastle_homelessness_strategy_2014_-_action_plan_q3_17-18.pdf
Sources 11: Idsource11
Sources 11: Name - (Value)(Newcastle City Council 2018) Newcastle’s Homelessness Strategy 2014-19 –Action Plan 2014 (Quarter 3, 2017-18 update). Page 16: https://www.newcastle.gov.uk/sites/default/files/newcastle_homelessness_strategy_2014_-_action_plan_q3_17-18.pdf
Sources 12: Idsource12
Sources 12: Name - (Value)(DCLG, 2017) Social Impact Bond Evidence Guidance Pages 5 - 7: https://present.brighton-hove.gov.uk/Published/C00000968/M00006937/AI00064539/$Social%20Impact%20Bond%20-%20Entrenched%20rough%20Sleepers%20APX.%20n%201.docxA.ps.pdf
Sources 13: Idsource14
Sources 13: Name - (Value)Email exchange with Bridges Outcomes Partnership (February 2023)
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0378
Service Provisions 2: Idserviceprovision2
Service Provisions 2: Organisation ID - (Value)INDIGO-ORG-0924
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0925
Outcome Payment Commitments 2: Organisation ID - (Value)INDIGO-ORG-0926
Outcome Payment Commitments 3: Organisation ID - (Value)INDIGO-ORG-0088
Outcome Payment Commitments 3: Maximum potential Outcome payment - Amount - (Value)1500000
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0008
Investments 1: Investment Commitment - Currency - (Value)GBP
Investments 1: Investment Commitment - Amount - Exact - (Value)400000
Investments 1: Investment Commitment - Amount USD - Exact - (Value)514815.9644
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Accomodation - Entering Accommodation
Outcome Metrics 1: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)185
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Accomodation - 3 months in accomodation
Outcome Metrics 2: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Accomodation - 6 months in accomodation
Outcome Metrics 3: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 4: Idoutcomemetric4
Outcome Metrics 4: Outcome Definition - (Value)Accomodation - 12 months in accomodation
Outcome Metrics 4: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 5: Idoutcomemetric5
Outcome Metrics 5: Outcome Definition - (Value)Accomodation - 18 months in accomodation
Outcome Metrics 5: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 6: Idoutcomemetric6
Outcome Metrics 6: Outcome Definition - (Value)Accomodation - 24 months in accomodation
Outcome Metrics 6: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 7: Idoutcomemetric7
Outcome Metrics 7: Outcome Definition - (Value)First Assessment - General Wellbeing Assessment (Better Managed Needs)
Outcome Metrics 7: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 8: Idoutcomemetric8
Outcome Metrics 8: Outcome Definition - (Value)Second Assessment - General Wellbeing Assessment (Better Managed Needs)
Outcome Metrics 8: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 9: Idoutcomemetric9
Outcome Metrics 9: Outcome Definition - (Value)Third Assessment - General Wellbeing Assessment (Better Managed Needs)
Outcome Metrics 9: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 10: Idoutcomemetric10
Outcome Metrics 10: Outcome Definition - (Value)Mental health (MH) entry into engagement with services - Better Managed Needs
Outcome Metrics 10: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 11: Idoutcomemetric11
Outcome Metrics 11: Outcome Definition - (Value)Mental health (MH) sustained engagement with services - Better Managed Needs
Outcome Metrics 11: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 12: Idoutcomemetric12
Outcome Metrics 12: Outcome Definition - (Value)Alcohol misuse entry into alcohol treatment - Better Managed Needs
Outcome Metrics 12: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 13: Idoutcomemetric13
Outcome Metrics 13: Outcome Definition - (Value)Alcohol misuse sustained engagement with alcohol treatment - Better Managed Needs
Outcome Metrics 13: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 14: Idoutcomemetric14
Outcome Metrics 14: Outcome Definition - (Value)Drug misuse entry into drug treatment - Better Managed Needs
Outcome Metrics 14: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 15: Idoutcomemetric15
Outcome Metrics 15: Outcome Definition - (Value)Drug misuse sustained engagement with drug treatment - Better Managed Needs
Outcome Metrics 15: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 16: Idoutcomemetric16
Outcome Metrics 16: Outcome Definition - (Value)Improved education/training (Entry into employment) 1) Self-cert form 2) One of the following: 1. Certificate 2. Trainer letter/email
Outcome Metrics 16: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 17: Idoutcomemetric17
Outcome Metrics 17: Outcome Definition - (Value)Volunteering/self-employed 13 weeks (Entry into employment) 1) Self-cert form 2) Organisation letter/email
Outcome Metrics 17: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 18: Idoutcomemetric18
Outcome Metrics 18: Outcome Definition - (Value)Volunteering/self-employed 26 weeks (Entry into employment)
Outcome Metrics 18: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 19: Idoutcomemetric19
Outcome Metrics 19: Outcome Definition - (Value)Part time work 13 weeks (Entry into employment) 1) Self-cert form 2) One of the following: 1. Contract 2. Payslips 3. Employer letter/email 4. Invoices and remittances
Outcome Metrics 19: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 20: Idoutcomemetric20
Outcome Metrics 20: Outcome Definition - (Value)Part time work 26 weeks (Entry into employment)
Outcome Metrics 20: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 21: Idoutcomemetric21
Outcome Metrics 21: Outcome Definition - (Value)Full time work 13 weeks (Entry into employment)
Outcome Metrics 21: Target Population - (Value)entrenched rough sleepers
Outcome Metrics 22: Idoutcomemetric22
Outcome Metrics 22: Outcome Definition - (Value)Full time work 26 weeks (Entry into employment)
Outcome Metrics 22: Target Population - (Value)entrenched rough sleepers

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