California's $20 Billion Effort to Combat Homelessness Fails to Curb Rising Unhoused Population | KQED
Briefly

The audit found most individuals accessing services were only placed in interim housing, with a mere 13% transitioning to permanent living arrangements and 44% reverting to homelessness, despite approximately $24 billion spent by the state on homelessness during the study period.
The state and local governments in cities such as San José and San Diego lack proper tracking systems to evaluate the effectiveness and cost-efficiency of homelessness programs, leading to an inability to determine optimal allocation of funds.
Read at Kqed
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