Housing Crisis Deepens as Homelessness Hits Record High in 2024

DECEMBER 27. 2024

Housing Crisis Deepens as Homelessness Hits Record High in 2024

As 2024 comes to a close, the U.S. is grappling with a troubling surge in homelessness, with the number of people without permanent housing rising by a staggering 18.1 percent, according to a recent report from the Associated Press (AP).

This sharp increase, as revealed by the Department of Housing and Urban Development (HUD),
has been driven by a variety of factors, including a severe shortage of affordable housing,
the lasting effects of natural disasters and a significant rise in illegal immigration to major cities.

More than 770,000 Americans are now officially homeless, though experts warn the true number could be much higher,
as many individuals living in temporary or precarious housing situations aren’t included in the count.
This uptick follows a 12 percent rise in homelessness in 2023, which HUD attributed to soaring rents and the expiration of pandemic-era
financial assistance programs.
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