In January 2024, the US reported a record number of homeless people at 771,480, reflecting an 18% increase from the previous year, with experts believing the figures are undercounts.
The largest increase in homelessness was noted among families with children, with nearly 150,000 children counted, indicating a growing crisis for vulnerable demographics in America.
Experts cite several contributing factors to record high homelessness, including rising inflation, a lack of affordable housing, systemic racism, and the cessation of pandemic-era social supports.
Despite overall rising homelessness, veteran homelessness saw an 8% decrease from 2023 due to targeted funding efforts, demonstrating a successful model for addressing this issue.
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