Stage of development: Implementation
Policy sector: Homelessness
Date outcomes contract signed: May 2019
Capital raised (minimum): EUR 3.50m (USD 3.92m)
Max potential outcome payment: EUR 3.50m
Service users: 60 individuals
The intervention aims to rehabilitate buildings and to turn them into accommodations adapted to persons with reduced mobility and with great energy efficiency, consequently generating low energy expenses for the tenants. The social provider aims to address the housing needs of very-low-income households by creating a low-rent, energy-efficient housing stock in suburban areas, especially targeting older people wanting to stay in their hometown. Through the SIB partnership, the provider strengthens its relationship with the public agency ANAH, which mission is to improve the private housing stock, by experimenting what could become a lasting public policy.
People living in very precarious conditions, in particular very-low-income seniors.
Configuration of contracting parties:
Commissioners/outcome payers
Service Providers
Investors
Intermediary organisations
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