Study Reveals It Costs Less to Give the Homeless Housing Than to Leave Them on the Street

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Study Reveals It Costs Less to Give the Homeless Housing Than to Leave Them on the Street - Mic

Study Reveals It Costs Less to Give the Homeless Housing Than to Leave Them on the Street - Mic · 5

thenewgreen · 3794 days ago

mic.com · #economics · #economics.thenewgreen · #homeless

University of North Carolina Charlotte researchers released a study on Monday that tracked chronically homeless adults housed in the Moore Place facility run by Charlotte's Urban Ministry Center (UMC) in partnership with local government. Housing these people led to dramatic cost savings that more than paid for the cost of putting them in decent housing, including $1.8 million in health care savings from 447 fewer ER visits (78% reduction) and 372 fewer hospital days (79% reduction). Tenants also spent 84 fewer days in jail, with a 72% drop in arrests.