Impact Bond: Promoting Independence
Also known as: Mental Health Accommodation
Stage of development: Implementation
Policy sector: Homelessness
Social challenge: Mental health, independent living
Intervention: Individual support to assist adults with mental health issues to live independently in the community
Date outcomes contract signed: 2019-07
Date contracts between all parties signed: 2019-09
Start of service provision: 2019-11
Anticipated end of service provision: 2026-03
Anticipated completion date: 2026-03
Total investment commitment currency: GBP
Total investment commitment: 800000
Total investment commitment (USD): 1062769.84
Maximum potential outcome payment: 2744750 GBP
Maximum potential outcome payment (USD): 3646331.76
Configuration of the contracting parties: Intermediated contract with payments made through SPV (owned by investor) 
Target population: Adults within Sheffield who have mental health issues and are currently living in 24/7 residential care.
Targeted number of service users or beneficiaries: 105
Targeted unit type: Individual
Actual number of service users or beneficiaries engaged: 116
Changes to project due to COVID-19: Continue on outcomes contract without variations