Lambert Investments Inc.

Homeless Housing Trends

The Los Angeles Homeless Services Authority (LAHSA) estimates that there are 46,874 homeless individuals in the county. The number of people sleeping on the streets, in parks, in cars and other locations in the City of Angels increased by 11 percent in 2016 and by 5.7 percent across the county.

Homelessness has been a persistent problem in Los Angeles for years. Skid Row in downtown LA has been dubbed “The Homeless Capital of the World”. Venice is known to have one of the highest concentration of homeless individuals outside of Skid Row although the figures have dropped by 23 percent since 2015.

The overwhelming majority of the county’s homeless population consists of the chronically homeless, African-Americans, those who suffer from mental health issues and those who struggle with substance abuse. Women make up 61 percent of the homeless population increase over the last three years.

Contributing factors

Supportive housing

LA county is offering private landlords direct financial incentives to help combat homelessness. The Homeless Incentive Program (HIP) encourages landlords to take in subsidized tenants who have vouchers issued by the Housing Authority of the City of Los Angeles (HACLA).

The program aims to secure safe and sanitary residences for those who qualify for HACLA’s homeless housing assistance.

It has the following components:

Other solutions being explored by LA county and city include:

These programs give multifamily property owners the opportunity to help down-and-out Angelinos change their lives for the better without sacrificing their bottom line.

Over 14,000 private landlords participate in HACLA’s efforts to provide decent housing for homeless individuals and families at reasonable rental rates. Click here to find out how you can be one of them.