The Bay Area could end its homelessness problem with an $11.8 billion investment, according to a report released Thursday by the Bay Area Council, a business.
New report says Bay Area homelessness could be solved with $11.8 billion
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With the pandemic ending and governments signaling they might devote more money toward homelessness, a leading research organization is boldly putting a dollar amount on what it thinks it would take to whisk every unhoused person in the Bay Area off the streets: $11.8 billion.
The Bay Area Council came to its estimate in a report released Thursday by calculating it would take $9.3 billion to create enough shelter and housing to put roofs over all 35,118 people now estimated to be homeless in the region’s nine counties then $2.5 billion a year to maintain those roofs with services and staffing.
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