The U.S. Department of Housing and Urban Development reports a 27% surge in homelessness since 2013, despite increased funding for housing programs. HUD Secretary Scott Turner criticizes these programs as ineffective and seeks significant budget cuts, arguing that they have failed to reduce homelessness effectively.
This development is crucial for developers and tech professionals involved in real estate and social services, as it signals potential changes in federal support for affordable housing initiatives.
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Ali NematiWritten by Ali
