Published Article – Peer Reviewed | July 16, 2014
The Community Empowerment Fund: A Matched Saving Model as an Innovative Approach to Housing the Homeless
Researchers examine an innovative new program’s ability to help people experiencing homelessness attain and retain permanent housing through asset building and access to financial services.
Prevention efforts, rapid rehousing, and housing-first approaches have been major contributors in addressing homelessness. However, budget cuts may jeopardize these gains.
The objective of this article is to use administrative data to examine an innovative new program’s ability to assist those experiencing homelessness to attain and retain permanent housing through asset building and access to financial services to build a more financially secure future.
Results suggest that this program does foster savings and the attainment of permanent housing. Implications for policy and practice are discussed.