Senior Homelessness on the Rise
In recent years, we’ve seen a rise in seniors ages 55+ experiencing homelessness—many for the first time. Homeless seniors face a unique set of challenges that can lead to homelessness: Limited Fixed Incomes: many seniors rely on fixed income like social security which doesn’t keep pace with rising housing costs. Without affordable housing, many are burdened by rent. Health Challenges: chronic health issues and disabilities can lead to increased medical expenses and reduced capacity to work, leading many to homelessness. Loneliness and Isolation: as spouses, family, and friends pass away or move away, seniors find themselves isolated and without a safety net…