Project
| ID | INDIGO-POJ-0204 |
|---|---|
| Impact Bond Name - (Value) | Fonciere Chenelet SIB |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2019-05 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 3500000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 3921050 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | EUR |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 3500000 |
| Overall project finance - Configuration of the Contracting Parties - (Value) | Direct contracting. Provider-Outcomes payer: subsidy depending on results; Provider-Investors: investment in infrastructure |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Intervention - (Value) | The intervention aims to rehabilitate buildings and to turn them into accommodations adapted to persons with reduced mobility and with great energy efficiency, consequently generating low energy expenses for the tenants. The social provider aims to address the housing needs of very-low-income households by creating a low-rent, energy-efficient housing stock in suburban areas, especially targeting older people wanting to stay in their hometown. Through the SIB partnership, the provider strengthens its relationship with the public agency ANAH, which mission is to improve the private housing stock, by experimenting what could become a lasting public policy. |
| Purpose and classifications - Policy sector - (Value) | Homelessness |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | People living in very precarious conditions, in particular very-low-income seniors. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 60 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Delivery Locations 1: Location - Name - (Value) | Landrethun-le-Nord |
| Delivery Locations 1: Location - Country - (Value) | FR |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 50.8472 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 1.7837 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Email correspondence with Mathilde Pellizari, Impact Invest Lab, on 19/11/2020. |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1182 |
| Service Provisions 1: Organisation Role Category - (Value) | Other |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1125 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value) | EUR |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 3500000 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value) | 3921050 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1183 |
| Investments 1: Investment Commitment - Currency - (Value) | EUR |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 3500000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 3921050 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0174 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-1127 |
| Intermediary services 2: Organisation Role Category - (Value) | Technical assistance |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Better energy efficiency assessement after rehabilitation. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 60 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 1: Notes | Baseline/Evidence required: Standard energy efficiency-greenhouse gas assessment before and after rehabilitation works. |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Accommodation rented by and adapted for very vulnerable households. |
| Outcome Metrics 2: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 2: Notes | Baseline/Evidence required: ANAH convention with the lessor, income declaration of the tenants, reduced mobility statement. |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | High environmental quality along the life of the building corresponding to the current norms. |
| Outcome Metrics 3: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 3: Notes | Baseline/Evidence required: Environmental and sanitary statement (Fiche de déclaration environnementale et sanitaire). |