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Boise council accepts Treasury pay‑for‑success front funds for CPRA award to support wraparound housing services
Summary
Council accepted front funding tied to a pay‑for‑success award from the U.S. Department of the Treasury intended to reimburse the city for savings generated by wraparound services for people formerly homeless.
The Boise City Council voted to accept front funding under a CPRA award from the U.S. Department of the Treasury that will reimburse the city when demonstrated savings are achieved through wraparound housing services.
A council member described the program as a pay‑for‑success grant in which the Treasury will reimburse the fund for documented savings to hospitals, the county and the city when wraparound services help formerly homeless people stabilize and obtain housing with services. Council members called the award a significant step for the city's housing work.
During discussion the council confirmed understanding that the award provides front funds that will later be reimbursed by Treasury based on demonstrated savings; no expenditure amounts were disclosed in the discussion. Clerk roll call recorded five in favor and one opposed; the motion carried.
The council also moved and carried approval of the remaining consent agenda items after removing one item for separate consideration and later deferring a separate resolution (item E1) to the next meeting.
