Alma Economics’ Post

For the approximately 2.1 million veterans currently living in the UK, accessing suitable accommodation when moving into civilian life is a critical factor for their future wellbeing. To address this, the Armed Forces Covenant Fund Trust (on behalf of the Office for Veteran’s Affairs) launched the Reducing Veteran Homelessness Programme. This initiative, running from April 2023 to December 2025, aims to reduce homelessness and provide sustainable housing options through i) a centralised referral system (Op FORTITUDE) which helps veterans at risk of homelessness access housing and comprehensive support services, and ii) grant-funded projects which support organisations to expand housing capacity, offer therapeutic services and promote community integration. Alma Economics has been commissioned to conduct a comprehensive evaluation of the Programme, spanning several years to assess both immediate and longer-term impacts. Our first-year report, which was published today, provides valuable insights into its effectiveness: - Op FORTITUDE: Nearly 200 veterans moved from the streets into veteran-supported accommodation, with 400 more accessing emergency housing. - Grant-funded projects: 472 veterans were referred for services, with 61% of those needing housing support seeing improvements in housing access and 74% of those with mental health needs showing improvement with consistent support. - Value for money: Our economic evaluation found that every £1 spent on the Programme can generate between £2.70 and £3.40 in economic and social benefits. We look forward to continuing our work and assessing the Programme’s longer-term impact. Read more: https://lnkd.in/dFxQjqUp

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