From the street to stable housing
HOME FOR GOOD (HFG) aims to help Anchorage’s most visible and vulnerable homeless residents by connecting them with housing and support services.
THE CHALLENGE: Hundreds of Anchorage residents experience persistent homelessness and disabling conditions such as chronic mental or physical health issues, cycling through expensive emergency response systems including jail, hospitals, the safety center, and shelters.¹ Research and other communities’ experiences demonstrate that supportive housing programs like Home for Good can break this cycle. By combining stable housing with robust, wrap-around services tailored to each person’s individual needs, supportive housing programs can put clients on a stable, sustainable path to improving their lives. The need for supportive housing was cited as one of the highest recommended priorities in an analysis of the gaps in Anchorage’s homelessness prevention and response system.² Despite the promise of these programs, Anchorage has lacked the capacity and funding to provide enough supportive housing to meet the community need.
THE ANSWER: In October 2020, Home for Good began its first year of services following a yearlong pilot. The goal is to build service capacity and develop an innovative financial model for permanent supportive housing in Anchorage. Emergency service outcomes are measured by comparing use in the twelve months before and after a clients’ lease in supportive housing began. ³
CURRENT STATUS: As of July 7, 2023, the project was providing services to 82 individuals; 66 in permanent housing and 16 working with Home for Good case managers to secure housing permanent housing. Home for Good has been extended through 2025.
FINANCING: Home for Good is the first project in Alaska to use a “Pay for Success”financing model, which attaches unique fiscal accountability to public policy expenditures. Philanthropy pays to start the pilot and operate the first year of the project. Later years are then funded by the Municipality, up to $4.5 million, as housing stability goals are achieved. If goals are not met or are only partially met, the Municipality only pays for what has been achieved, in accordance with the contract. Home for Good has invoiced the Municipality a total of $2,613,000 for successful outcomes to date.
PAY FOR SUCCESS FINANCIAL MODEL
For a deeper dive to learn more about Home for Good, you’ll find more great resources here.
Please send all Home for Good inquiries to HFG.Info@ak.org.