Supportive Housing and Innovation Fund

The Supportive Housing and Innovation Fund is the central financing vehicle in Destination: Home’s effort to end homelessness in Santa Clara County. It was seeded by a $50 million grant from Cisco, which Chad Bojorquez — Destination: Home’s operations lead — spent roughly a year securing. The fund anchors the broader program goals Bojorquez describes: about 6,000 new housing units, aligned service interventions, and a $1 billion private-sector fundraising target.

As a “supportive housing” vehicle, the fund is built to pair housing units with wraparound services rather than fund shelter alone, fitting Destination: Home’s collective-impact model. It recurs across the 2018 call notes as the concrete mechanism through which the initiative’s housing and service goals are financed.

Context: Supportive housing combines affordable housing with on-site or coordinated social services (case management, behavioral health, employment support) and is widely regarded as the leading evidence-based response to chronic homelessness. Innovation funds in this space typically blend philanthropic, corporate, and public capital to finance new units and pilot interventions.

Where this appears

• Chad Bojorquez — the fund is the vehicle he spent roughly a year securing via the $50M Cisco grant; it sits at the center of his operations work for Destination: Home.