Cost of living increases and inflation are pushing many families over the brink. In 2023 alone, 653,000 Americans experienced homeless. But there’s good news lining these dark clouds: communities see a major decrease in homelessness when they invest in homelessness PREVENTION programs.
It costs an average of $35,578 per year to support a person who is chronically homeless, including costs for emergency shelters, healthcare, and law enforcement. In contrast, preventing homelessness permanently through early intervention costs, on average, $2,000.