[Hpn] NCH REPORT CALLS FOR ACTION TO BREAK THE FORECLOSURE TO HOMELESSNESS
William C. Tinker
Mon, 28 Apr 2008 19:25:35 -0400
NCH REPORT CALLS FOR ACTION TO BREAK THE
FORECLOSURE TO HOMELESSNESS CYCLE
Washington, DC - The National Coalition for the Homeless has released a
report forecasting an increase in homelessness due to the foreclosure
crisis. The report, Foreclosure to Homelessness: the Forgotten Victims of
the Subprime Crisis, summarizes the findings of a national survey of state
and local homeless coalitions conducted in winter 2008 to ascertain whether
their communities were seeing an increase in homelessness due to the
Among the survey findings:
a.. 61 percent of survey respondents reported an increase in homelessness
in their communities since the foreclosure crisis began in 2007.
a.. Respondents reported a variety of living arrangements among the newly
homeless victims of the foreclosure crisis, including stays with family and
friends, in emergency shelters, and on the streets.
The report criticizes state legislatures and Congress for their inattention
to homelessness prevention initiatives in their response to the foreclosure
crisis. "Nearly forgotten in the foreclosure crisis are the thousands of
homeowners and renters who have become homeless once their equity is
exhausted," said Bob Erlenbusch, President of the National Coalition for the
Homeless. "We hope this report will sound an alarm and inspire policymakers
to take proactive measures that prevent more Americans from falling from
foreclosure to homelessness."
Among the policy recommendations offered by NCH to break the foreclosure to
homelessness cycle is an infusion of funds into the federal Emergency Food
and Shelter Program, a highly effective program already in place to provide
rental and mortgage assistance to persons at risk of homelessness. At the
request of NCH and other organizations, Congress is now considering action
on this recommendation as part of foreclosure relief measures.
Foreclosure to Homelessness: the Forgotten Victims of the Subprime Crisis,
is available for viewing or download HERE or on the NCH web site .
William Charles Tinker,Sr.
New Hampshire Homeless
25 Granite Street
Northfield,N.H. 03276-1640 USA
Advocates,activists for disabled,displaced human rights.