July 9, 2015 1:55 am
“The results of this study demonstrate the wide-ranging benefits of supporting families experiencing homelessness with stable and enduring rental assistance—such as the assistance provided through our Housing Choice Voucher Program,” says HUD Assistant Secretary of Policy Development and Research Kathy O’Regan. “We will continue to study the efficacy of these interventions to see if the longer term outcomes mirror those we see in the short term.”
According to the report, emergency shelter programs have the highest average per-family monthly costs of approximately $4,800, compared to transitional housing at $2,700, a voucher at $1,160 per month, and rapid re-housing at $880 per month.
An estimated 150,000 U.S. families experience homelessness each year. Intervention options offered include a permanent housing subsidy (generally the Housing Choice Voucher), which assists with locating housing but does not offer additional supportive services; community-based rapid re-housing, which provides temporary rental assistance and limited services; project-based transitional housing, which provides temporary housing in agency-controlled units and intensive services; and “usual care,” which is defined as any housing or services a family accesses in the absence of immediate referral to other interventions.
Published with permission from RISMedia.