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HomeMy WebLinkAboutI. A. VB THRIVE UPDATE 10.1.2024VBThrive Where We are Now Where We are Now •VBthrive Grant total: $11,338,258.00 •Total Grant Funds Spent to date: $8,213,875.68 •Current Spending FY 24-25: $809,804.58 •Remaining Funding: $ 3,065,612.94 Where We are Now Year 1 Jan 22-June 22 $405,980.00 Year 2 July 22-June 23 $3,817,642.13 Year 3 July 23-June 24 $3,239,218.35 Current Outcomes Demographics Demographics Demographics - Zip Codes VBThrive Testimonials Rent Burdened vs. Severe Rent Burdened Predictions for Grant •Remaining Funding: $ 3,065,612.94 as of 9/30/2024 (NEED to VERIFY!!!) •Average participants per month: 190, Housing support per person: $1,500 Total Monthly $285,000.00 (Deficit of $4,899,387.06) •7 months left – if spending at current rate, VBthrive will make it to April 2025 Thank you to our Partners! Questions? Impact of the Multi-Generational Approach Bullseye to Self Sufficiency •Navigating Wellness into Long-Term Mobility Mentoring •Care Coordination- $750,000.00 •Housing-$1,500,000.00 •Wraparound Support- $650,000.00 •Workforce Development: $75,000.00 •Administration: $300,000.00