Program sees impressive results in getting homeless into housing
“’The Denver social impact bond was one of the first social impact bonds in the country to focus on addressing homelessness and the homelessness to jail cycle,’ said Katie McKenna, with Enterprise Community.
‘The social impact bond program was targeted at 250 chronically homeless individuals who had frequent interactions with the criminal justice system. The idea is with some private investment and some city and state funding that we would be able to house individuals at a cost savings to the taxpayers,’ said Cathy Alderman, with the Colorado Coalition for the Homeless.”