DS News

DS News Jan 2023

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

Issue link: http://digital.dsnews.com/i/1490081

Contents of this Issue

Navigation

Page 59 of 83

58 58 58 INVESTMENT GOVERNMENT PROPERTY PRESERVATION Journal BIDEN-HARRIS ADMIN SETS AMBITIOUS GOALS TO COMBAT HOMELESSNESS e U.S. Department of Housing and Ur- ban Development (HUD) has released its 2022 Annual Homeless Assessment Report (AHAR) Part 1 to Congress. e report found 582,462 people were experiencing homelessness on a single night in January 2022. COVID-19 and its economic impacts could have led to significant increases in homelessness. However, invest- ments, partnerships, and government agency outreach resulted in only a .3% increase in the number of people experiencing homelessness from 2020-2022. e Biden-Harris administration intends to not only stop but reverse the post-2016 trend of rising homelessness and reduce it by 25% by 2025, as stated in All In, e Federal Strategic Plan to Prevent and End Homelessness, which was released by the U.S. Interagency Council on Homelessness. Compared with 2020, homeless- ness among people in shelters declined by 1.6%, while homelessness among people in unsheltered settings increased by 3.4%. All In was built from the ground up and shaped by public input from more than 500 people who have experienced homelessness as well as leaders, providers, advocates, developers, and other partners from more than 600 commu- nities, tribes, and territories. e plan is based on more than 1,500 online comments and more than 80 listening sessions that told USICH the federal government needs to: • Urgently address the basic needs of people in crisis; • Expand the supply of and access to affordable housing and high-quality support; • Build better systems to prevent people from losing their homes in the first place; • Collaborate across sectors, systems, and juris- dictions; • Rely on data and evidence that show what works; and • Include people who have experienced homelessness in the policymaking process to dismantle systems that create disparities. President Biden encourages state and local governments to use All In, which was developed by the U.S. Interagency Council on Homeless- ness (USICH), as a blueprint for creating their own plans to prevent and end homelessness and setting their own ambitious goals for 2025. "My plan offers a roadmap for not only getting people into housing but also ensuring that they have access to the support, services, and income that allow them to thrive," President Biden said. "It is a plan that is grounded in the best evidence and aims to improve equity and strengthen collaboration at all levels." e rate of overall homelessness is due in large part to a robust federal response that prevented evictions through Emergency Rental Assistance distributed to more than three million households, expanded resources for vulnerable families through the Child Tax Credit, and pro- vided other financial transfers through stimulus. Homelessness among certain sub-pop- ulations decreased. e number of veterans experiencing homelessness decreased by 11%, contributing to a 55% decrease since 2010. e number of families with children experiencing homelessness declined by 6% between 2020- 2022, marking a total decline of 36% since 2010. e number of people under the age of 25 who experienced homelessness on their own as "un- accompanied youth" also declined by 12%. "HUD and everyone in the Biden-Harris Administration is committed to ensuring every person has a safe, stable place to call home. Data shows that homelessness remains a national crisis, but it also shows that the historic invest- ments this Administration has made to address this issue, can work," U.S. HUD Secretary Marcia L. Fudge said. "e Biden-Harris Ad- ministration is working to significantly reduce homelessness across the country and combat the racial and ethnic disparities resulting from systemic racism." While the overall number of people experi- encing homelessness in 2022 increased slightly compared with 2020, it rose significantly for individuals, people with disabilities who expe- rience long-term homelessness, and people in unsheltered settings. Single individuals not part of family households continue to represent the largest group of people experiencing homeless- ness. Homelessness among single individuals increased by 3.1%. e number of chronically homeless individuals (individuals with disabili- ties experiencing homelessness for long periods) increased by 16% between 2020 and 2022. People who identify as Black, African American, or African, as well as indigenous people (including Native Americans and Pacific Islanders) continue to be overrepresented among

Articles in this issue

Archives of this issue

view archives of DS News - DS News Jan 2023