Impact Bond: Reduction in Reoffending in South Auckland - New Zealand
Stage of development: Complete
Policy sector: Criminal justice
Social challenge: Youth offenders - a social bond designed to reduce youth reoffending in South Auckland
Intervention: Multi-disciplinary services to reduce reoffending amongst higher risk youth in South Auckland.
Primary SDG goal: 16
Secondary SDG goals: 4, 8
Date outcomes contract signed: 2017-08
Start of service provision: 2017-09
Anticipated end of service provision: 2023-08
Actual end of service provision: 2023-10
Anticipated duration of service provision: 72
Actual duration of service provision: 74
Total investment commitment currency: NZD
Total investment commitment: 6000000
Total investment commitment (USD): 4255319.14893617
Maximum potential outcome payment: 24000000 NZD
Maximum potential outcome payment (USD): 17021276.59574468
Target population: Offenders aged between 13 and 18 years old who have offended and have an elevated risk of reoffending as measured by the NZ Police YORST assessment
Targeted number of service users or beneficiaries: 1000
Targeted unit type: Individual
Targeted unit description: 1000 clients, young people (generally between 14 and 17 years old) from South Auckland, to be enrolled in a new programme, with enrolment starting from 1 September 2017 and stopping on 31 August 2022
Actual number of service users or beneficiaries engaged: 607
Actual unit type: Individual
Actual unit description: 607 young people (rangatahi) and their families (whānau) impacted directly by this contract
Changes to project due to COVID-19: Continue on outcomes contract without variations
Notes: 607 clients had been enrolled, against a target, and cap, of 1000. Final levels of enrolment were impacted by covid lockdowns.