Urban Institute
Policy Assitant
Ruth Gourevitch
Urban Institute
Senior Research Associate

How to Launch a Supportive Housing Pay for Success Initiative

December 10, 2019 - 5:01pm

Permanent supportive housing helps solve our country’s homelessness crisis by improving housing stability and reducing the use of public services. The permanent supportive housing approach is backed up by promising evidence, but it can face barriers to implementation because of a lack of political will and budgetary constraints. Some local governments are exploring a financing model called pay for success (PFS), which shifts the financial risk from traditional funders (typically a government) to alternative investors, such as foundations or banks. As of 2018, PFS had funded seven supportive housing interventions.

Related project page:
Getting the Most Out of Your Community’s Administrative Data

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