The Emerging Crisis of Aged Homelessness: Could Housing Solutions Be Funded by Avoidance of Excess Shelter, Hospital, and Nursing Home Costs?. The .. Read more population of individuals who are homeless and elderly is expected to nearly triple over the next decade: specifically, the national population of people 65 or older experiencing homelessness is estimated to grow from 40,000 today to 106,000 by 2030. The projected upturn of the aging homeless population will also lead to a surge of cost increases associated with health care and shelter needs. A number of housing interventions — including permanent supportive housing, shallow subsidies, and rapid re-housing — could reduce excess use of hospitals, shelters and nursing homes, with the offsets covering the costs of the housing interventions.
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