Social Innovation Fund Pay for Success Feasibility Report: ECHO Austin/Travis County

Published Thursday, March 31, 2016 | by Corporation for Supportive Housing

Quick Facts

Issue Area
Document Type
Interventions

Through the federal Social Innovation Fund, a program of the Corporation for National and Community Service, CSH received funding to provide technical assistance to communities to determine the feasibility of a PFS model focused on supportive housing and vulnerable populations. Ending Community Homelessness Coalition (ECHO) applied for this assistance as part of CSH's first round of competition and, upon its selection, has actively worked with CSH to build the components of a feasible PFS model. CSH concludes that the project is feasible based on the factors outlined in this report and noting recommendations that will maximize the project’s chance of success in moving ahead.

During the feasibility process, ECHO, CSH and their partners worked through the following components as outlined in this report: convened and engaged multiple cross-department stakeholders; used data to clearly define the target population and conducted cost benefit analysis; developed a preliminary financial model and framework; designed the intervention and structure for quality supportive housing; and engaged end payors and defined project project success with all stakeholders.

CSH believes that the PFS transaction outlined in this report is feasible, and that to maximize this potential the Austin/Travis County community should consider the following recommendations: Finalize efforts with Travis County to obtain data on high cost frequent users of the criminal justice system; select a third-party evaluator; enter into intentional program design and negotiation with the three potential end payors; identify the key decision makers for each end payor; quickly select the service providers; and solidify the housing strategy that will identify what subsidies or units can be made available for this initiative and over what period.