This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Major Hurdles Remain To End Veteran Homelessness

"We can all agree that money spent in that effort has been money well spent," said GOP Rep. Jeff Miller of Florida, chairman of the House Committee on Veterans' Affairs.

The VA spent $9.5 billion in the 2011 and 2012 budget years and is proposing to spend another $11.9 billion in the next two years â¿¿ meaning the overall cost would be $21.5 billion by September 2014.

Congress also has consistently raised annual budgets for VA's main partner in the homeless effort, the Department of Housing and Urban Development. HUD has sent $350 million for vouchers out to housing authorities across the U.S. who have used the assistance to help house 42,000 veterans since 2008.

Advocates for the homeless also cite programs that they say finally recognize the fact that not all homeless are the same. Chronic cases and those with severe problems need substantial and longer assistance, while others need temporary, emergency help.

Programs also have dropped the requirement that veterans must be sober or on their medications before receiving housing. Susan Angell, who oversees VA's homeless efforts, says having a safe and stable place to live improves veterans' ability to participate in treatment programs and other efforts intended to address the root causes of their problems such as substance abuse or mental illness.

Officials also now have what many believe is a more credible count of the homeless population â¿¿ a census taken on the same night every January. Experts praise the government improvements in streamlining programs through thousands of local housing authorities, churches, businesses and other partners.

Gary Shaheen of the Institute for Veterans and Military Families at Syracuse University is optimistic.

"If unemployment dropped by 2 percentage points, we'd all be crowing about that," he said. "Is there dramatic change? I think there is. Is it sufficient? No. I think that we're laying the groundwork."

3 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,390.52 +195.10 1.13%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,630.7410 +64.6030 1.41%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs