Housing to Recovery Fund Launched

INDIANAPOLIS — Housing to Recovery Fund, a new funding model that will seek to raise $4 million for services to help sustain permanent housing, was recently launched with the ultimate goal of ending chronic homelessness in Indianapolis. The funds will be directed at supportive services including initial outreach and engagement, housing navigation, assistance with obtaining benefits, landlord negotiation, and help with daily living skills.
The move will help locate housing for those experiencing homelessness. In 2017, the Mayor announced a goal to find 400 additional units, and met that goal. The Housing to Recovery Fund will employ a pay-for-success model and bring together government, philanthropic organizations, and service providers to invest in sustainable solutions that support the pipeline to housing. The funds will be directed at supportive wraparound services that break down barriers to stability in order to help individuals obtain and sustain tenancy.
The $4 million fund will support high quality services for persons experiencing homelessness. Housing transition services such as initial outreach, tenancy sustaining services such as peer supports and recovery specialists, as well as housing-related public-private partnership efforts are among the fund’s target services. CICF and the City will work to establish the grantmaking criteria, requirements and guidelines, and administer the application, review and awarding processes. CICF will house and manage the funds.
Over the last three years, the City has taken significant steps to improve the collaboration of community partners and expand resources available to individuals experiencing homelessness, helping to lay the foundation for the 5-Year Plan to End Homelessness in Indianapolis that was announced last year.