Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 24/11/2011
Author
Published By Gregory A. Shinn
Edited By Suneela Farooqi
Uncategorized

Cost of Long Term Homelessness in Central Florida

Over the past 20 years, a growing body of research has documented the escalating cost of homelessness in communities across the country. In general, it is now well established that allowing homelessness to exist in a community is more expensive than providing the solutions to the problem. Many communities across the country have significantly decreased homelessness among the longest-term and disabled homeless population – the chronically homeless – by investing in solutions called Housing First and Permanent Supportive Housing. These solutions to homelessness combine access to housing that is affordable for individuals with little or no income plus access to services. Studies comparing the cost of public services used by chronically homeless individuals to the costs of providing housing plus services for the same population show that developing affordable Permanent Supportive Housing options reduces homelessness and saves millions of taxpayer dollars over time, improving the quality of life for everyone. Further examples demonstrate that strategic planning to end homelessness through the development of an array of housing options across a community creates jobs, generates tax revenue, and leverages other funding for services and capital development back to the community. Such planning can provide access to housing for long-term homeless individuals and shorter-term or episodically homeless families as well as other extremely low-income households that are priced out of the market.

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