Why is Home Funders focusing on very low-income and homeless families?
The housing crisis for the Commonwealth’s lowest income families is worse today than at any point in the state’s history. Every night, over 1,000 Massachusetts families are in homeless shelters or living in motels at state expense. An additional 10,000 families, with more than 20,000 children, lack permanent housing and are doubled up with friends and relatives, or living in cars. Despite the tremendous need, each year, only a handful of permanent housing units are created for very low-income and homeless families with incomes less than 30% of median income (families of four earning $25,200 annually or less).
The housing crisis for the Commonwealth’s lowest income families is worse today than at any point in the state’s history. Every night, over 1,000 Massachusetts families are in homeless shelters or living in motels at state expense. An additional 10,000 families, with more than 20,000 children, lack permanent housing and are doubled up with friends and relatives, or living in cars. Despite the tremendous need, each year, only a handful of permanent housing units are created for very low-income and homeless families with incomes less than 30% of median income (families of four earning $26,850 annually or less).
