Pay for Success funding model to increase Permanent Supportive Housing

Pay for Success funding model to increase Permanent Supportive Housing

August 1, 2019 2019 Fall Conference

In Austin, ECHO and Social Finance are working with the City of Austin, Travis County, Central Health, and several other entities to use the Pay for Success financing model to launch a 250-unit Permanent Supportive Housing program. The AT Home program targets Austinites experiencing chronic homelessness who are frequently involved with the criminal justice system and who utilize emergency medical services. Targeted outcomes include housing stability, reductions in jail bookings and jail days, and reductions in inpatient and emergency department utilization. Program components include data matches between ECHO’s HMIS system, the local healthcare information exchange, and the Travis County jail system, and a rigorous evaluation including quasi-experimental and process components.

Pay for Success is an innovative funding model where private investors provide up-front capital for programming and are repaid by public entities if pre-determined outcomes are achieved. This setup allows governments to transfer the risk of testing new service models or scaling up existing models.

Tim Long, Director of Research and Evaluation, Ending Community Homelessness Coalition (ECHO)

Vella Karman, Manager, Social Services Policy Unit, Austin Public Health City of Austin

Hannah Jamal, Director, Social Finance