12:00pm Eastern Time
Homelessness is a major issue in Canada, affecting 200,000 people every year and costing $7 billion to the economy. If we include people who are vulnerably housed (those in unstable, poor-quality housing or couch surfing) as many as 520,000 Canadians lack safe, affordable and supportive housing.
In 2014, the MaRS Centre for Impact Investing's (MCII) SIB Advisory Services team determined that an alternative funding mechanism could help mobilize capital to address homelessness in Canada. They released these findings in a report titled "Housing First Social Impact Bond Feasibility Study."
Now that the concept feasibility is established, the next step is launching a Housing First SIB. With the support of the United Way Innovation Fund, the MaRS SIB Advisory Services team is offering pro bono technical assistance to potential outcome payers through a call for partnerships.
This webinar will walk interested parties through the problem of homelessness in Canada, the SIB model as it might apply in this case, and through the process of applying to be a partner in this groundbreaking work. The MCII SIB Advisory Team has received many inquiries about the recent call for partnerships and we are offering this webinar and Q&A for interested parties. Representatives from all levels of government, foundations, corporations, etc. are welcome to attend!
Please feel free to submit any questions you have ahead of time via email to jwalker at marsdd.com and we'll make sure they're addressed!