Here at the Alliance, we believe that homelessness has a solution: housing. This solution sounds simple, right? In many ways, it is.
So if the solution to homelessness is so simple, why haven’t we ended homelessness yet? In large part, the answer lies in a lack of affordable housing. Recent economic and housing trends have resulted in a shortfall of affordable housing, particularly for low-income households. This in turn has left many people homeless and many more people vulnerable to homelessness.
A recent report on housing and rental market trends from the Joint Center for Housing Studies at Harvard University, The State of the Nation’s Housing, shows that rents have been rising across the nation while the supply of affordable housing has been falling. The growing disparity has forced many low-income renters (particularly those in high-cost markets) into precarious positions and placed them at particular risk of homelessness.