Massachusetts Chronic Individual Homelessness Pay for Success Initiative

Published Tuesday, December 9, 2014 | by Deborah De Santis

Quick Facts

Issue Area
Document Type
Interventions

Yesterday was an exciting day for the Commonwealth of Massachusetts, the Massachusetts Housing and Shelter Alliance, the United Way of Massachusetts Bay and Merrimack Valley, and Santander Bank. Even more so, it was a very exciting day for hundreds of chronically homeless people who will have their lives changed forever because forward-thinking leaders came together, collaborated, innovated and made the “Chronic Individual Homelessness Pay for Success Initiative” a reality in Massachusetts.

CSH is pleased to invest $500,000 of the combined $2.5 million dollars in private capital in the Massachusetts Chronic Individual Homelessness Pay for Success Initiative, leveraging an additional $1 million in philanthropic support for a total of $3.5 million. This Initiative complements CSH’s role as a federally-designated national provider of Pay-for-Success expertise and technical assistance.