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A recent US Department of Housing and UrbanDevelopment (HUD) report identified 771,000 homeless people in January 2024, a record number that was 18 percent higher than the previous year, which in turn marked a 12 percent increase over 2022. Meanwhile, publicpolicy failed to address the economic drivers of poverty.
Here it is important to understand that nonprofits have traditionally focused on the housing aftermarket—the platforms, processes, publicpolicy, and market activity that brings distressed and defaulted mortgaged property back to market.
Such housing shall include substantial allocations for individuals who fall into the “Extremely Low”, “Very Low”, “Low”, and “Moderate” income categories, based on household size, as updated annually by the United States Department of Housing and UrbanDevelopment. 18 As AFSCME Local 3299 lays it out: B.
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