Impact Bond: Journey to Social Inclusion (Victoria)
Stage of development: Implementation
Policy sector: Homelessness
Intervention: Journey to Social Inclusion (J2SI) takes a relationship-based approach, provides long-term support, and works from the premise that if people can sustain their housing, this provides a solid foundation to improving other areas in people's lives.  The program aims to end the cycle of chronic homelessness by taking a relationship-based, trauma-informed and strengths-based approach in the context of long-term assertive case management supplemented by access to rapid housing.
Start of service provision: 2018-08
Target population: People aged between 25 and 65 years who are experiencing sustained and chronic homelessness.  To be eligible individuals must be chronically homeless and have been sleeping rough continuously for a minimum of one year and/or be currently homeless and have experienced three or more episodes of homelessness over the past three years.
There will be 3 cohorts (60 per year). Each cohort will receive 3 years of support
Notes: Broader collection of program outcomes not linked to payments (for example, stronger community connections) will identify the broader impact and benefits of the program on participants and the wider community. 
The aspiration is that some capital will be provided through philanthropy.

The VCF Claire Susan Gardiner Trust provided a $50k grant to build a SIB toolkit to support the replication of the SIB: 
This project will support the development of a Social Impact Bond (SIB) Toolkit, ready for implementation to finance delivery of J2SI by other social service organisations in Australia. The Toolkit will provide organisations with the tools and support they need to negotiate, secure and manage a SIB so they are able to finance replicated delivery of J2SI with excellence in their local communities. The SIB Toolkit will act as a program delivery ‘enabler’ for organisations who would otherwise be unable to finance delivery of J2SI on their own, and provides the way forward for achieving the level of scaling J2SI needs to have far-reaching impact. It will be comprehensive and able to be tailored to meet the needs of the implementing organisation, such as financial modelling, data relevant to each state/territory, tools and implementation support.