Project to utilize Social Impact Bonds to house aging homeless

SandersonApartmentsRendering-300x154 MIAMI: A new Social Impact Bond (SIB) program will help finance a permanent supportive housing development for Denver’s most vulnerable residents.

Officials recently held a groundbreaking ceremony for Sanderson Apartments, which will serve 60 formerly homeless individuals. The nonprofit Mental Health Center of Denver is developing the project and will deliver key services to residents who may have mental health needs and substance-abuse histories…..

Full story covered in the Seniors Housing & Healthcare Trends.