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Senior Citizens Face Homeless Crisis as Incomes Fall and Rent Skyrocket
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Failing health, crumbling incomes and rising home costs have forced thousands of senior citizens into the streets. In California, for example, more than 30,000 Los Angeles area seniors will be homeless by 2030, explains Nick Saifan, CEO of the veteran-friendly company Vendaval, who adds that immediate public and community action are needed to save those who can’t save themselves.
According to HUD, the number of homeless seniors across the US jumped nearly 70 percent between 2007-17.
A strong partnership among communities, advocates, home builders and government agencies may be the best way to create a better future.