Homelessness has been a mounting issue in the U.S. – but nonprofit Community Solutions with help from social impact investment firm, BDP Impact Real Estate, is trying to combat the issue.
A 2023 annual report from Housing and Urban Development revealed that 653,104 Americans experienced homelessness during that year. That figure is a new all-time high and a 12 percent surge from 2022.
To help combat insecurity, the CS Large Cities Housing Fund has been created. Since 2022, the fund has purchased 1,155 apartment properties. It's provided shelter to more than 340 individuals exiting homelessness.
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