Posted on October 22, 2015 by Nicole Bramstedt in Gotham Gazette Gotham Gazette, By Nicole Bramstedt Last week, the New York City Independent Budget Office published a fiscal brief -Albany Shifts the Burden: As the Cost for Sheltering the Homeless Rises, Federal & City Funds Are Increasingly Tapped- detailing the financing of city homeless shelters from 2007 to 2014. The brief sheds light on the imminent need for reform of the single adult homeless services system. It also provides a roadmap that the City and State should follow to address the issue in a cost-effective manner. In particular, the IBO report illuminates the rising costs of sheltering single homeless adults. From 2007 to 2014, city shelter costs for the population more than doubled, rising from $196 million to $343 million (75 percent increase). Aghast to think, the financial cost of single adult homelessness in New York City is actually above $343 million, though.
