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General overview

Stage of development: Complete

Policy sector: Homelessness

Date outcomes contract signed: Oct 2017

Start date of service provision: Oct 2017

Capital raised (minimum): GBP 250k (USD 321.76k)

Max potential outcome payment: GBP 3m

Service users: 320 individuals


The scheme will work on the established ‘payments by results’ model, helping long-term rough sleepers move off the streets and into stable accommodation. Payment will be made to service providers with the skills and experience to effectively help long-term rough sleepers. The Social Impact Bond builds on previous homelessness SIBs contracted with St Mungo's and Thames Reach in London.

Target population

320 of the most entrenched rough sleepers – which includes those with mental health issues, as well as drug and alcohol problems – across all 33 London local authorities



  • United Kingdom

Service delivery locations

  • London, United Kingdom

Involved organisations

Outcome metrics

  • Accomodation - Entering Accommodation
  • Accomodation - 3 months in accomodation
  • Accomodation - 6 months in accomodation
  • Accomodation - 12 months in accomodation
  • Accomodation - 18 months in accomodation
  • Accomodation - 24 months in accomodation
  • First Assessment - General Wellbeing Assessment (Better Managed Needs)
  • Second Assessment - General Wellbeing Assessment (Better Managed Needs)
  • Third Assessment - General Wellbeing Assessment (Better Managed Needs)
  • Mental health (MH) entry into engagement with services - Better Managed Needs
  • Mental health (MH) sustained engagement with services - Better Managed Needs
  • Alcohol misuse entry into alcohol treatment - Better Managed Needs
  • Alcohol misuse sustained engagement with alcohol treatment - Better Managed Needs
  • Drug misuse entry into drug treatment - Better Managed Needs
  • Drug misuse sustained engagement with drug treatment - Better Managed Needs
  • Improved education/training (Entry into employment) 1) Self-cert form 2) One of the following: 1. Certificate 2. Trainer letter/email
  • Volunteering/self-employed 13 weeks (Entry into employment) 1) Self-cert form 2) Organisation letter/email
  • Volunteering/self-employed 26 weeks (Entry into employment)
  • Part time work 13 weeks (Entry into employment) 1) Self-cert form 2) One of the following: 1. Contract 2. Payslips 3. Employer letter/email 4. Invoices and remittances
  • Part time work 26 weeks (Entry into employment)
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