Community Housing & Homeless Shelters in the US
According to the 2016 State of Homelessness in America report, the largest drops in the unemployment rate and poverty rate have come in 2014 and 2015, suggesting that demand for Community Housing and Homeless Shelters industry services will likely begin to fall. As demand for industry services declines, industry revenue is expected to fall. As the US economy continues to recover, the unemployment and poverty rates are expected to continue falling, leading to more Americans finding permanent housing. Although this will slightly decrease demand for the Community Housing and Homeless Shelters industry, the United States is far from erasing the need for homeless shelters, let alone subsidized and low-income housing.
This industry provides a variety of community housing services, including short-term emergency shelter for victims of domestic violence, sexual assault or child abuse; temporary residential shelter for the homeless, runaway youths and parents and families caught in medical crises; transitional housing and assisted living for low-income individuals and families; and volunteer construction or repair of low-cost housing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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