Denver's New Plan: House All The Homeless

25 May 2005 - 9:00am

The 10-year plan would call for building of over 3,000 transitional homes, as well as social services.

"Housing is the cornerstone of the plan, which proposes building 3,193 units of transitional housing and 1,453 additional beds in emergency shelters. Once the housing is underway, the commission wants to implement a better network of support and services for the occupants - such as substance- abuse and mental-health counseling, medical care, job training and parenting skills...

Transitional housing can be semi-permanent or permanent housing, usually coupled with financial assistance for people earning less than $15,050, or 30 percent of the area median income."

Source: The Denver Post, May 24, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.