Tax plan could mean more homelessness

Published December 10, 2017 5:01am ET



As the House and Senate negotiate tax reform, the conversation focuses on two influential groups: the middle class and corporations. But amid the frenzy over itemization, individual and family deductions, and the corporate tax rate, one group of vulnerable Americans has been left out of the conversation: the homeless.

According to newly released HUD data, the U.S. has just witnessed the first rise in homelessness in seven years. As the numbers of homeless Americans reach new highs, over 89,500 in New York and 32,000 in Florida on a given night, Congress could be on the verge of exploding this crisis by eliminating one of the biggest tools to fight it, Housing Bonds.

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