Project
| ID | INDIGO-POJ-0265 |
|---|---|
| Impact Bond Name - (Value) | Reducing Homelessness among the Most Vulnerable Young People - Denmark |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Dates - Date outcomes contract signed - (Value) | 2020-12 |
| Dates - Start date of service provision - (Value) | 2021-12 |
| Dates - Anticipated end date of service provision - (Value) | 2024-12 |
| Overall project finance - Total investment commitment - Currency - (Value) | DKK |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 15900000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 2412746.585735964 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social challenge - (Value) | Homelessness |
| Purpose and classifications - Intervention - (Value) | The intervention is targeting the most vulnerable young homeless people in Aarhus Municipality. The goal is for the young people to move away from hostels and into their own accommodation, and for them to get closer to starting (or start) employment or education. At the same time, the goal is to increase the young people's life skills - so that in the long term they will be able to achieve self-efficacy. The young people who take part in the project must be offered an intensive, comprehensive, and flexible intervention, which has the character of a preventive effort in relation to the development of chronic homelessness or further worsening of current challenges. |
| Purpose and classifications - Policy sector - (Value) | Homelessness |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | Homeless young people |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 36 |
| 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) | Aarhus |
| Delivery Locations 1: Location - Country - (Value) | DK |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 56.1629 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 10.2039 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Email correspondence with Den Sociale Investeringsfond (The Danish Social Investment Fund) on 24 october 2022. |
| Sources 1: Type - (Value) | Email correspondence |
| Sources 1: Notes | SIB Data submission form filled by Denmark organization, Den Sociale Investeringsfond |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Article: https://dsi.dk/dsi/vores-investeringer/investering-i-forebyggelse-af-ungdomshjemloshed/ |
| Sources 2: Type - (Value) | Website |
| Sources 2: Publishing Organisations - (Value) | Den Sociale Investeringsfond (The Danish Social Investment Fund) |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1410 |
| Service Provisions 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1410 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1411 |
| Investments 1: Organisation Role Category - (Value) | Investment Fund |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Housing situation: The young person has a stable housing situation. In practice, it is operationalized by making sure that the young person does not use homeless shelters. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 36 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Outcome metric target - (Value) | Housing situation: The young person has a stable housing situation. In practice, it is operationalized by making sure that the young person does not use homeless shelters. |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Labor market situation: The young person becomes more attached to either education or the labor market. Employment is measured as the young person having been registered with an employment rate of at least 25% in the previous 6-month period, and greater attachment to education is measured as enrolment and study activity in a SU-eligible (state education grant eligible) education |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Outcome metric target - (Value) | Labor market situation: The young person becomes more attached to either education or the labor market. Employment is measured as the young person having been registered with an employment rate of at least 25% in the previous 6-month period, and greater attachment to education is measured as enrolment and study activity in a SU-eligible (state education grant eligible) education |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Self-efficacy: The young person experiences increased well-being, desire and ability. Measured as progression in the young person's action plan in the municipality. |
| Outcome Metrics 3: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 3: Outcome metric target - (Value) | Self-efficacy: The young person experiences increased well-being, desire and ability. Measured as progression in the young person's action plan in the municipality. |