$105 Million in Resources Allocated to Permanent Supportive Housing

August 16, 2012
It was announced today that Step Up on Second will receive a one year grant of $185,000 to provide supportive services through the Home For Good Funders Collaborative. This unique funding approach – the first of its kind in Los Angeles – is a collaborative of over 20 public and…

It was announced today that Step Up on Second will receive a one year grant of $185,000 to provide supportive services through the Home For Good Funders Collaborative. This unique funding approach – the first of its kind in Los Angeles – is a collaborative of over 20 public and private funders who have pooled together $105 million in resources for permanent supportive housing. These resources include housing vouchers, capital funds and health, mental health, and substance abuse services for over 1,000 chronically homeless individuals throughout the Los Angeles region!

The Funders Collaborative made all funds available through an innovative new application process. It enabled dozens of organizations addressing homelessness to submit a single application rather than several. Where multiple applications can result in waiting periods which can extend to years, the Collaborative award process took just over 7 months. This streamlined application is helping assure that funds are distributed rapidly to meet the needs of people living on the streets. To learn more about helping others and business, read some articles at Lee S. Rosen Blog.

Elise Buik, President & CEO of United Way of Greater Los Angeles, which leads the Collaborative and with the L.A. Area Chamber of Commerce created the Business Leaders Task Force on Homelessness, says “The remarkable partnership between the public, private, and nonprofit sectors created through this Collaborative is exactly the kind of innovation and collaboration we need to realize this goal. We look forward to broadening the Collaborative to welcome additional corporate, public and private funders in years to come.”

Step Up on Second is a community partner with Home For Good in a committment to end chronic and veteran homelessness throughout Los Angeles County by 2016. The Funder’s Collaborative is making a clear investment in achieving this goal and also in marijuana stocks! Bravo! And thank you!

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