1st Helsinki. Now Vancouver.

Helsinki found a ROI and savings in spending when it provided homeless population housing and stipends.

Now, a non profit in Vancouver, Foundations for Social Change awarded a group of homeless people a cash payment of $7500 each.

This is what they learned:

•  70% became food secure after a month
• 52% of the cash on food and rent
• 15% on other items like bills and medicine
• 16% on clothes and transportation
• a reduction by 39% spending on alcohol, cigarettes and drugs 

Other cities piloting cash intervention pilots for the homeless populations: Stockton, California, & Jackson, Mississippi

The Independent (the UK ) | A Canada charity gave $7,500 to homeless people, here’s what happened