Strong Economy Could Blunt Impact Of HUD Grants

Homeless advocates say the impact of $1 billion in HUD grants may be lessened by the strong economy.

1 minute read

December 24, 2000, 6:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

"As the economy has boomed, housing in cities across the country has become too expensive for many people as low-income units have been torn down to make room for upscale lofts...On any given night, there are as many as 700,000 people homeless in the United States, up from 500,000 in 1996."

Thanks to Abhijeet Chavan

FULL STORY: More housing money appreciated but strong economy could lessen impact

Saturday, December 23, 2000 in The San Diego Union-Tribune

Community / Economic Development United States

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