Impact Bond: Aspire
Stage of development: Complete
Policy sector: Homelessness
Intervention: On referral participants are allocated a Link Worker, providing a single point of contact and support, and undertaking an initial assessment and action planning exercise (Outcome Star used, and in subsequent assessments). The project follows an ’housing led’ approach, aiming to place clients within 3 months into permanent independent tenancies and offering intensive support to ensure they are sustained (via Link Workers and a recently employed Tenancy Support Officer). 							
								
								
								
								
Date outcomes contract signed: 2015-01
Start of service provision: 2015-01
Actual completion date: 2017-12
Total investment commitment currency: GBP
Total investment commitment: 310000
Total investment commitment (USD): 473611.0935
Target population: Young people aged 18-24 not in employment, education, or training (NEET); homeless as defined in the homelessness legislation but not in priority need under that legislation and deemed a priority for local authority support but unable to be accommodated in a supported housing scheme.
Actual number of service users or beneficiaries engaged: 171
Actual unit type: Individual
Notes: Referral Route: Referrals were mainly via the START gateway, which operated across Gloucestershire and the district authorities of Tewkesbury, Forest of Dean, Stroud, Cheltenham, Gloucester City and Cotswold, and with which the project worked closely during the Year 1 recruitment period. The project also took referrals of young people awaiting release from prison.
Additional assessment: The project also uses other non-outcome payment-related assessments, including process evaluation (following a mixed methods approach), costed case studies, and review of perfromance data against forecast. No impact evaluation or value for money analysis was conducted due to inability to establish a comparison group.