Agenda item - Social Impact Bond - Entrenched Rough Sleepers

Report of the Executive Director, Health and Adult Social Care (copy attached)

44.1    The Committee considered the report of the Executive Director Health & Adult Social Care which provided an update on the development of the Social Impact Bond funding for work with entrenched rough sleepers, following a successful bid to the Department for Communities and Local Government.

44.2    Councillor Simson was concerned that no bids had been received for Brighton and Hove, and asked if officers knew why that might have been. The Commissioning and Performance Manager said that the Council had worked with a lot of providers, but over time they had fallen away and now only a couple were left. None of the providers could deliver the work without a social investor, and none had been forthcoming. However, it was hoped to have a service in place by January 2018, as it was possible that a potential investor had now been identified.

44.3    Councillor Bewick understood why charities did not want to have to provide all the funding, and asked if there was a way for the the Council’s capital reserves could be used in the future to bank roll the risk.  The Commissioning and Performance Manager said that there had been initial discussions about the Council providing some money but there wasn’t sufficient time within the DCLG framework to do that at the moment.

44.4    RESOLVED: That the Committee noted the report.