[Hpn] NCH REPORT CALLS FOR ACTION TO BREAK THE FORECLOSURE TO HOMELESSNESS CYCLE

William C. Tinker wtinker@verizon.net
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 
foreclosure crisis.


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.
Founded 11-28-99
New Hampshire Homeless
25 Granite Street
Northfield,N.H. 03276-1640 USA
Advocates,activists for disabled,displaced human rights.
1-603-286-2492
http://www.missingkids.com
http://www.nationalhomeless.org
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