Homelessness Rises Slightly Despite Strong Economy, Federal Report Finds
Wednesday, February 27, 2019
WASHINGTON — Despite the booming economy, homelessness in the United States rose slightly for the second year in a row, with spikes in high-rent cities like New York and Seattle, according to an annual report released by the Department of Housing and Urban Development.
Over all, the national rate of homelessness rose by a modest 0.3 percent to 552,830 people without stable living conditions, the report found. But that represented the second annual increase after seven straight years of declines — the result, in part, of rapidly increasing housing costs that have only recently shown signs of leveling off.