Report

Denver supportive housing social impact bond initiative

The Denver Supportive Housing Social Impact Bond (SH-SIB) Initiative will provide supportive housing for individuals who are frequent users of both criminal justice and emergency medical services in the city of Denver, Colorado. In addition to experiencing homelessness and struggling with substance use and mental health problems, the target population commits frequent low-level offenses such as public nuisance violations, alcohol and drug use, panhandling, and trespassing. As a result, individuals in this population are frequently arrested and cycle in and out of jail, detox, and emergency services, effectively increasing costs across systems. Because they often do not receive follow-up services when they are released from jail, this population returns to the same risks and falls into a recurring cycle of negative outcomes. This cycle continuously results in high costs across city agencies and service providers.