FOR THE THIRD YEAR in a row, the number of unaccompanied adult homeless individuals is down while family numbers have increased in Boston.
The number of homeless families in the city rose by 17 percent, according to preliminary results from the 28th annual city homeless census that took place Dec. 18, 2007. The number of homeless children increased more than 21 percent.
The good news is that the number of adults on the street dropped by 4.6 percent. In all, the total number of all homeless men, women, and children was 6,901, an increase of nearly 4 percent.
“We saw a major decrease in the number of homeless people living on the streets this winter, combined with fewer adults in emergency shelter for the third consecutive year,” said Mayor Thomas Menino. “The reason for that trend is that more of these individuals are in permanent housing.”
Home Depot Teams with Nonprofits
NONPROFIT ORGANIZATIONS may be eligible to receive weekly donations of building supplies and other products from Home Depot stores across the country, thanks to a new donation program through Gifts in Kind International, a national nonprofit organization that distributes corporate product donations to nonprofits around the world.
Products provided through the program may include building supplies, plumbing products, and assorted household and cleaning items.
Participating charities are partnered with a local store for one year and are required to pick up donated products from the store each week.
There are several criteria that a nonprofit must meet before it can participate in the program, including being vetted by Gifts in Kind International.
What Does a LIHTC Property Contribute?
LOW-INCOME HOUSING TAX CREDIT (LIHTC) properties contribute more than four walls and a roof, according to a new National Association of Home Builders (NAHB) study.
NAHB economists have prepared a model that quantifies the substantial economic benefits of tax credit developments. The results are important because they may help developers to build support for their affordable housing projects.
The recent report updates the analysis of a “typical” tax credit project of 100 units. It is based on data from 21 LIHTC properties.
The model captures the effect of the construction activity (phase I) as well as the ripple impact that occurs when income earned from construction activity is spent (phase II), and the ongoing impact that results from the new apartments becoming occupied by residents who pay taxes and otherwise participate in the local economy year after year (phase III), reported NAHB.
The estimated one-year local impacts of the construction activity of phase I and the ripple effect of phase II include $7.3 million in local income, $783,000 in taxes and other revenue for local governments, and 151 local jobs.
NAHB said the additional annually recurring impacts include $2.2 million in local income, $372,000 in taxes and other revenue for local governments, and 38 local jobs.