Here’s What’s Driving the Surge in Homelessness

Last week the U.S. Department of Housing and Urban Development’s annual homelessness assessment report found more than 770,000 people experiencing homelessness across the country on a single night in January last year. That is an 18% increase from the 2023 assessment.

In New Jersey, the point-in-time count from January 2024 saw an even higher increase 24% over the prior year.

What is behind this sudden surge in homelessness?