Rough sleeper social impact bond
Some people sleeping rough in London are so vulnerable they require a special kind of service.
The Thames Reach SIB (Social Impact Bond) service works with entrenched rough sleepers who have been on the streets for years and for whom other initiatives and forms of engagement have not worked.
Being deeply entrenched, more traditional outreach interventions are not effective. This service puts a special emphasis on engagement and building trust, working with people from the streets into temporary accommodation and then on to secure accommodation and into employment or volunteering.
The service has the flexibility to purchase bespoke services and has rapid access to a range of short-term accommodation options to enable rough sleepers to move away from the street at very short notice. Lead Workers and peer supporters, work flexibly with service users to find the best solution to their particular needs and help them move away from the street using the most sustainable route possible.
This service works with some of the most vulnerable people sleeping on the streets of London and is a vital part of Thames Reach’s outreach services network.
This service is funded by Social Investment Bond based upon a payment by results (PbR) structure. A Social Impact Bond is a public-private partnership that funds effective social services through a performance-based contract. Social Impact Bonds enable local governments to partner with high-performing service providers by using private investment to develop, coordinate, or expand effective programs.
Help Thames Reach outreach workers get people off the streets