The Journal of Affordable Housing and Community Development Law’s latest edition features an article by Joe Finn, MHSA President & Executive Director, Singumbe Muyeba, PhD, and Thomas Brigham, Director of Massachusetts Alliance for Supportive Housing.
The article, “The Massachusetts PFS Story: Social Innovation Financing as a Catalyst for Change?”, explains Pay for Success (PFS) as a new way for governmental agencies and nonprofits to collaborate to deliver outcome-based solutions serving public objectives with greater accountability. It also presents the successful results of this model, both at a program level in the use of permanent supportive housing to reduce the use of emergency medical services, inpatient hospitalization, and corrections services by homeless people, and at a systemic level by reshaping the public services delivery system. They share lessons learned and address some concerns of PFS model skeptics, such as potentially high transaction costs.
MHSA is grateful to our Pay for Success partners, member agencies, and supporters. Thanks to your help, MHSA is able to continue implementing innovatinve solutions that resduce public reliance on emergency resources and give our neighbors a place to call home.
Learn more about PFS in the August 2018 fact sheet!