After two years of preparation, Salt Lake County is ready to launch two data-driven and results-based programs addressing persistent homelessness and treatment for men at risk of repeated trips to jail. Calling the plan a “new frontier” for delivering essential services while safeguarding taxpayer interests, Salt Lake County Mayor Ben McAdams said $11.5 million will go toward two projects kicking off early next year with the goal of eventually serving an estimated 550 people. The launch comes just days after Salt Lake City Mayor Jackie Biskupski announced the locations of four new homeless shelters to be established around the city, and the eventual closure of the Road Home facility, operated by one of the two nonprofit organizations partnering in the county program. … In January, the Road Home will begin work on its Homes Not Jail project, which will provide a place to live for those who have been homeless for 90 to 364 days in hopes of keeping them from becoming homeless for much longer. The program is expected to serve 315 people. … Later in 2017, First Steps House will receive funds for its “REACH” initiative, which aims to provide comprehensive intervention, support and treatment for an estimated 225 men who have been incarcerated and are becoming repeat offenders. The acronym REACH stands for recovery, engagement, assessment, career and housing. …. Support for the “pay for success” programs has come from the Gail and Larry H. Miller Foundation, the Ray & Tye Noorda Foundation, the George S. and Dolores Doré Eccles Foundation, Living Cities, Synchrony Bank, Zions Bank, Northern Trust, QBE Insurance Group Limited, Ally Bank and the Reinvestment Fund. …
Salt Lake County budget up for public hearings, with focus on ‘Pay for Success’
Source: Mike Gorrell, Salt Lake Tribune, December 4, 2016
Two public hearings are on the Salt Lake County Council’s agenda Tuesday. The first, at 4 p.m., will seek public comment on Mayor Ben McAdams’ proposal to invest $3.75 million in two “Pay for Success” programs, one aiming to reduce homelessness, the other to lower jail recidivism. … The council wants to apply $500,000 to extending substance abuse and mental-health treatment services from April to July for people entered into programs through the recent Operation Diversion roundups in downtown Salt Lake City. That joint county-city effort is aimed at curbing illegal drug trafficking by arresting dealers and diverting addicts into treatment. Another $250,000 would be dedicated, in the council plan, to an initiative to combat opioid abuse. The county district attorney’s office helped kick off the effort earlier this fall, providing funding to equip Unified Police Department officers with anti-overdose kits. The Pay for Success plan is a key piece of both McAdams’ budget, which does not require a tax increase, and his multiyear plan to address criminal-justice reform by attacking its root causes. … Both programs are designed to achieve specific success rates based on a variety of criteria. If the programs reach those benchmarks, the county will repay the investors with interest. If they don’t succeed, the county has no repayment obligations. Nelson told the council that four senior lenders would invest up to $6.5 million:
• Northern Trust Bank in Chicago.
• Ally Bank in Midvale.
• Reinvestment Fund, a Philadelphia-based “catalyst for change in low-income communities.”
• QBE Insurance from Australia.
Another $2 million in subordinate loans have been pledged by the Sorenson Global Impact Investing Center at the University of Utah and New York City-based Living Cities, a collaboration of foundations and financial institutions dedicated to low-income urban residents.