Project

IDINDIGO-POJ-0157
Impact Bond Name - (Value)Single Homelessness Prevention Project (SHPS) Brent
Stage of Development - (Value)Implementation
Stage of Development - (Source ID's)source3
Dates - Start date of service provision - (Value)2017-09
Dates - (Source ID's)source3
Overall project finance - Total investment commitment - Currency - (Value)GBP
Overall project finance - Total investment commitment - Amount - Exact - (Value)1400000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)1801855.875
Purpose and classifications - Intervention - (Value)The intervention aims at reducing homelessness by two means. Prevention, where a beneficiary is at-risk of being evicted or falling behind with their rent and need support to maintain the tenancy; and Relief, where a beneficiary is not in stable accommodation and needs help to identify some and sign a stable tenancy agreement. The programme will also work with each beneficiary over the long-term to sustain whatever positive arrangement was made.
Purpose and classifications - Policy sector - (Value)Homelessness
Purpose and classifications - (Source ID's)source1
Service and beneficiaries - Target population - (Value)Adults at-risk of being homeless in Brent.
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)1600
Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service and beneficiaries - (Source ID's)source1
Delivery Locations 1: Service Provision ID - (Value)deliverylocation1
Delivery Locations 1: Location - Name - (Value)Brent, London, UK
Delivery Locations 1: Location - Country - (Value)GB
Delivery Locations 1: Lat/Lng - Lat - (Value)51.529506
Delivery Locations 1: Lat/Lng - Lng - (Value)-0.233548
Sources 1: Idsource1
Sources 1: Name - (Value)Bridges Fund Management, "Single Homeless Prevention Service (SPHS) Brent - Preventing and relieving homelessness for single people in Brent", https://www.bridgesfundmanagement.com/portfolio/shps-brent/
Sources 2: Idsource2
Sources 2: Name - (Value)Brent Council, "Homelessness service helps more than 300 single people secure homes" (3/05/2019), https://www.brent.gov.uk/council-news/press-releases/pr6972/
Sources 3: Idsource3
Sources 3: Name - (Value)Social Finance - SPHS Brent project webpage (accessed 22/09/2019), https://sibdatabase.socialfinance.org.uk/?project_id=96
Sources 4: Idsource4
Sources 4: Name - (Value)Crisis website (https://www.crisis.org.uk); Thames Reach website (https://thamesreach.org.uk)
Sources 5: Idsource5
Sources 5: Name - (Value)Thames Reach, "Brent Single Homeless Prevention Service - A new service helping single people living in Brent who are in danger of losing their home", https://thamesreach.org.uk/what-we-do/prevention/floating-support/brent-single-homeless-prevention-service/; Bridges Fund Management, "Single Homeless Prevention Service (SPHS) Brent - Preventing and relieving homelessness for single people in Brent", https://www.bridgesfundmanagement.com/portfolio/shps-brent/
Sources 6: Idsource6
Sources 6: Name - (Value)Thames Reach, "New service for single homeless people in Brent" (accessed 22/08/2019), https://thamesreach.org.uk/new-service-single-homeless-people-brent/
Sources 7: Idsource7
Sources 7: Name - (Value)Thames Reach, "Brent Single Homeless Prevention Service - A new service helping single people living in Brent who are in danger of losing their home", https://thamesreach.org.uk/what-we-do/prevention/floating-support/brent-single-homeless-prevention-service/
Sources 8: Idsource8
Sources 8: Name - (Value)Own calculation, based on Brent Council, "Homelessness service helps more than 300 single people secure homes" (3/05/2019), https://www.brent.gov.uk/council-news/press-releases/pr6972/
Sources 9: Idsource9
Sources 9: Name - (Value)Email exchange with Bridges Fund Management on 2/2/2022.
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0692
Service Provisions 2: Idserviceprovision2
Service Provisions 2: Organisation ID - (Value)INDIGO-ORG-0431
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0693
Outcome Payment Commitments 2: Organisation ID - (Value)INDIGO-ORG-0088
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0049
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-0547
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-1306
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-1222
Investments 5: Idinvestment5
Investments 5: Organisation ID - (Value)INDIGO-ORG-0641
Investments 6: Idinvestment6
Investments 6: Organisation ID - (Value)INDIGO-ORG-0303
Investments 7: Idinvestment7
Investments 7: Organisation ID - (Value)INDIGO-ORG-1307
Investments 8: Idinvestment8
Investments 8: Organisation ID - (Value)INDIGO-ORG-1221
Investments 9: Idinvestment9
Investments 9: Organisation ID - (Value)INDIGO-ORG-1308
Investments 10: Idinvestment10
Investments 10: Organisation ID - (Value)INDIGO-ORG-1309
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0121
Intermediary services 1: Organisation Role Category - (Value)Other
Intermediary services 1: Other Role Description - (Value)Fund Management
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Completion of the Personal Housing Plan.
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)1600
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Initial prevention or relief of homelessness.
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Sustainment of accomodation for eight months with no identified risk of homeless.

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