We found this information on KnowledgePlex and wanted to share it with you. This is another example of how the subprime crisis can have a significant impact on homelessness and our communities.
If a recent study is correct, the rise of homelessness among Cleveland’s public school students over the last year presages what could happen nationally over the next year and a half, reported the Plain Dealer. According to Cleveland school officials, the number of homeless students increased 43 percent since last year, with a record 2,200 students having been homeless over the last 10 months, the article said. That includes about 1,400 students living with friends and relatives and about 800 living in shelters. Advocates blame the heightened demand for low-cost housing fueled by the foreclosure crisis. With their peers around the country, advocates are seeking more federal funding to help school districts keep homeless students in their schools even if they move out of the district. In April, the Brookings Institution and First Focus released a report estimating that foreclosures will force more than 2 million children out of their homes. To access the report, click here.
To read an article on this issue in the Cleveland Plain Dealer click here.
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