Home for Good (HFG) is a $12.75 million Pay for Success project designed to help 150 residents of Anchorage, Alaska experiencing persistent homelessness access permanent housing and supportive services. The Municipality of Anchorage, United Way of Anchorage, Social Finance, and more than 20 other government, nonprofit, and philanthropic organizations are collaborating on this three-year initiative, which launched in October 2020.
This project represents an innovative approach to Pay for Success financing where philanthropy provides initial funding and then government takes over financial support in later stages, so long as outcomes are achieved.
HFG launched as a pilot in July 2019 to serve Anchorage residents experiencing persistent homelessness with high rates of emergency service usage and significant mental health challenges. Twenty-six individuals received supportive services through the first year of the pilot, with 21 of them also placed in housing. The success of the pilot has built the foundation on which HFG will scale the intervention to stably house 150 individuals over the three-year project.
Due to systemic inequities that disproportionately contribute to the experience of homelessness for Alaska Natives, we expect more than half of this project’s eligible residents will be Alaska Native, compared to 9% of Anchorage’s overall population. Home for Good will partner with Southcentral Foundation, an Alaska Native-owned and -led healthcare system, to provide intensive case management using its award-winning Nuka System of Care. The project’s governance structure also includes people with lived experience with housing insecurity or health disparities in the Anchorage community.
Goals of the project
- Improve stable housing and physical and mental health, and reduce avoidable interactions with emergency medical services, shelters, and the criminal justice system.
- Improve coordination between Anchorage’s emergency, healthcare, criminal justice, and homeless service systems to engage and enroll community members with the most complex and urgent service needs.
- Provide a high-quality, dignified, and culturally appropriate experience to participants, using a Housing First approach to do whatever it takes to keep them stably housed.
- Build community capacity to sustain this intervention by improving participants’ access to long-term housing vouchers and expanding providers’ ability to bill Medicaid for services that address the social determinants of health.
How it works
United Way of Anchorage is managing the project.
The Municipality of Anchorage is providing outcomes-based funding for the project.
The Corporation for Supportive Housing is providing technical assistance to the project’s supportive service provider.
Social Finance supported the design and financial structuring of the project and will provide active performance management services for the duration of the project.
The project’s funders include:
- The Municipality of Anchorage
- Alaska Community Foundation
- Alaska Mental Health Trust Authority
- Premera Blue Cross
- Providence Alaska Foundation
- Rasmuson Foundation
- U.S. Department of Justice
- U.S. Department of Housing and Urban Development
In the News
- “Alaska’s First Pay for Success Program Helps People Experiencing Homelessness Get—And Stay—Stably Housed, Resulting in First Outcome Payment,” Social Finance
- “Tackling Homelessness, 2.0: Investing Private Money for Public Good,” Alaska Public Media
- “Backing a Proven Homelessness Solution,” Anchorage Daily News
- “Proposed Project Seeks to House Biggest Users of Anchorage Emergency Services,” Alaska’s News Source
- “Alaska’s First Pay for Success Project Launches to Reduce Persistent Homelessness in Anchorage,” Municipality of Anchorage
- “Anchorage Takes a Community Approach—with Pay for Success—to Address Homelessness,” Social Finance