Pay for Success Initiative to Reduce Chronic Individual Homelessness Exceeds Goals; Issues First Dividend Payments to Investors

Published Wednesday, February 14, 2018 | by United Way of Massachusetts Bay and Merrimack Valley

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The Massachusetts Pay for Success initiative to reduce chronic individual homelessness has exceeded targets and placed over 656 high-need individuals into stable, supportive housing, with 92% remaining housed after one year. This measure results in a payment of dividends to investors and makes it the 5th PFS project in the country to publish interim results.