New CommonBond Study Shows Eviction Prevention Well Worth the Investment
At CommonBond, Eviction Prevention means actively working to recognize and prevent situations that would put a resident's housing stability at risk. Through mission-focused property management, proactive relationship-building, collaboration with other organizations, and employment services, CommonBond intervenes and provides support when residents face evition. CommonBond recently commissioned Ernst & Young to perform a Social Return on Investment (SROI) study to measure the impacts of their Eviction Prevention work. The study found that for every $1 invested in eviction prevention, $4 in social benefit is generated through improved educational outcomes, lower healthcare usage, and descreased use of homeless shelters.
This report speaks to the profound importance of housing stability in providing residents with dignity and the opportunities to reach their full potential. Learn more about SAHF members' Housing Stability efforts here.