Payment by Results Syndicate content

Funding homelessness services innovatively across London

DCLG team

The London Homelessness Social Impact Bond (SIB) was developed by the Department for Communities and Local Government (DCLG) and the Greater London Authority (GLA) in partnership with the London homelessness voluntary sector, and has been running since November 2012.
 
By using a Payment by Results (PbR) funding model, backed by Social Investment, it  allows voluntary sector providers the freedom to innovate to deliver long term results for persistent rough sleepers with complex needs, beyond what has been possible before.

Local Compact survey results 2013: Payment by Results

This series of briefings explores some of the policy findings from our 2013 Annual Survey of Local Compacts in more depth. In our fourth blog, we look at the impact of Payment by Results.

This blog reveals results around how well PbR is understood by both sectors and whether respondents believe it will improve services.

Getting to grips with Payment by Results

Payment by results is becoming an increasingly common way of funding public services.  The coalition government has moved decisively toward a payment by results (PbR) model in several contracts and has indicated that this approach is likely to grow in the coming years.

In this blog, I'll outline what PbR is, how it relates to the Compact and some of the challenges and opportunities it presents for voluntary and community organisations.

          
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