Homelessness Social-Impact Bonds in the United States

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dc.contributor.advisorKishan, Ruby P.
dc.contributor.authorJohnson, Christy Ariel
dc.contributor.committeeMemberHood, Matthew
dc.contributor.committeeMemberYoung, Glen
dc.date.accessioned2019-02-11T21:27:55Z
dc.date.available2019-02-11T21:27:55Z
dc.date.issued2018-12
dc.description.abstractSocial-impact bonds (SIBs) introduce a new strategy with which to fight homelessness through a contractual partnership between nonprofits, socially-minded investors, and governmental agencies in a growing number of American cities. Due to limited political willpower and public funding, some nonprofits have used SIBs to leverage support for social programs. I explore efforts to eradicate homelessness in five initiatives spread across the country through SIBs located in Massachusetts, California (Santa Clara and Los Angeles), Colorado, and Utah. An analysis of homing retention, governmental savings, and investor returns details the impact of the three key players in SIBs. I explain how strong intermediaries and political will can make SIBs a viable tool with which to improve the lives of the American homeless population with lasting social outcomes. Last, I discuss the future of SIBs and how they can become a mainstream financial tool through decreased transaction costs, standard data-sharing agreements, alternatives to randomized control trials (RCTs), federal government participation, congressional legislation support, and aggregating socially motivated investors.
dc.description.departmentBusiness Administration
dc.formatText
dc.format.extent93 pages
dc.format.medium1 file (.pdf)
dc.identifier.citationJohnson, C. A. (2019). <i>Homelessness social-impact bonds in the United States</i> (Unpublished thesis). Texas State University, San Marcos, Texas.
dc.identifier.urihttps://hdl.handle.net/10877/7861
dc.language.isoen
dc.subjectSocial-impact bonds
dc.subjectHomelessness
dc.subjectNonprofits
dc.subjectSocial investing
dc.subject.lcshPublic welfare
dc.subject.lcshPublic-private sector cooperation
dc.subject.lcshHomelessness--United States
dc.titleHomelessness Social-Impact Bonds in the United States
dc.typeThesis
thesis.degree.departmentBusiness Administration
thesis.degree.disciplineBusiness Administration
thesis.degree.grantorTexas State University
thesis.degree.levelMasters
thesis.degree.nameMaster of Business Administration

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