Senate Bill 614 aims to establish pay-for-performance requirements for certain grants administered by the Department of Administration (DOA) to alleviate homelessness. Under this bill, for each eligible grant awarded, DOA will withhold between 10% and 50% of the grant amount for a minimum of nine months. The withheld funds will only be released if the grant recipient meets specific performance objectives, which include increasing the number of homeless individuals securing stable housing, increasing employment rates among participants, and reducing recidivism to homelessness. If the grant recipient fails to meet these objectives, the withheld funds may be reallocated to other recipients who do meet the criteria.

Additionally, the bill mandates that grant recipients submit a detailed report to DOA within nine to twelve months after receiving the grant. This report must include comprehensive information about the program, demographic data of participants, and various identifiers related to the grant and program. The bill emphasizes accountability and performance measurement in the distribution of funds aimed at addressing homelessness, ensuring that resources are allocated effectively to programs that demonstrate successful outcomes.