cover image: Housing First social impact bond feasibility study

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Housing First social impact bond feasibility study

21 Oct 2014

We would also like to acknowledge that the conclusions presented in this report are the view of the authors and are not necessarily those of the contributors. [...] Please refer to the end of this report for a list of contributors and the composition of the working group. [...] Over the next 30 years, the total cost to the economy will amount to more than $2.5 trillion.9 When concurrent, homelessness and mental illness lead to some of the most complex and entrenched cases of social exclusion in our society, representing a high cost to the individuals and society at large. [...] While there is a funding shift toward HF in Ontario, and a number of programs are adopting HF principles, the services that most closely reflect the AHCS program (and the HF approach described in this SIB study) are the three AHCS service teams in Toronto that received ongoing funding.12 A Housing First approach in Canada: The federal AHCS pilot project In 2008, the federal government provided the [...] Housing stability over 24 months was measured in two ways: 1. In the last six months of the 24-month intervention period, AHCS tracked the number of clients who were stably housed: • 62% of HF participants were housed all of the time, 22% some of the time, and 16% none of the time.
health government politics economics economy finance bond investment business housing policy investments medicine mental illness quality of life risk homelessness government budget disease supportive housing health treatment housing first homeless people investor the homeless internal rate of return mentally ill homeless persons

Authors

Miguel, Antonio, Abughannam, Samer

Pages
32
Published in
Ottawa, Ontario

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