US Homelessness Surges 12% Due to Soaring Rents

Homelessness in the U.S. surged by 12%, reaching the highest level ever, attributed to rising rents and decreased pandemic aid.

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The latest count reported 653,000 homeless individuals, marking the highest since the annual survey began in 2007.

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This year's total shows an increase of approximately 70,650 individuals compared to the previous year.

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The spike in homelessness is largely attributed to newcomers experiencing homelessness for the first time.

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HUD Secretary Marcia Fudge emphasized that homelessness is a solvable issue and should not persist in the U.S.

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Across all household types, homelessness rose nationwide, disproportionately impacting communities of color.

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While Black people represent 13% of the U.S. population, they make up 37% of the homeless population and 50% of families experiencing homelessness.

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The Asian and Asian American community saw a significant 40% spike in homelessness between 2022 and 2023.

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The Housing Supply Action Plan aims to construct more apartments this year than ever before, potentially addressing the issue.

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