Pay for Success Permanent Supportive Housing Demonstration

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded seven Project Grants totaling $8.7 million under the Pay for Success Permanent Supportive Housing Demonstration (CFDA 14.273) with the most recent grant award on November 29, 2016. No grant opportunities have been posted since the program's final solicitation closed on February 12, 2016. This program is inactive and not currently accepting applications.

The program funded pay-for-success financing structures and permanent supportive housing demonstration projects designed to prevent and end homelessness and reduce incarceration by expanding access to evidence-based housing models. Recent awards supported PSH implementations in Alaska, Maryland, Texas, Rhode Island, California, Oregon, and Arizona. Award amounts ranged from $232,599 to $1,528,818, with project completion dates extending from 2021 through 2025. Representative funded projects included Project Grants to Alaska ($1,528,816, completion November 2021), Texas ($1,528,818, completion November 2023), and Rhode Island ($1,526,442, completion November 2023).

All awards under the program were issued as Project Grants exclusively. HUD was the sole funding agency, accounting for all seven awards and the full $8.7 million obligated. The 2016 award cohort concentrated activity in a single funding cycle with no subsequent solicitations or awards documented. Eligible applicants under the 2015 NOFO included 501(c)(3) nonprofits, non-501(c)(3) nonprofits, public and private higher education institutions, and faith-based organizations applying in the role of intermediary. Applicants required demonstrated experience with pay-for-success models, feasibility analysis, or social finance; capacity to structure and manage PSH partnerships; and knowledge of Housing First approaches and research methods. Individuals, foreign entities, and sole proprietorships were ineligible.

The program has not issued new solicitations or awards in nearly a decade. Organizations should verify with HUD whether a future funding round is planned before pursuing this line.