A bit of cash can keep someone off the streets for 2 years or more

If someone is about to become homeless, giving them a single cash infusion, averaging about $1000, may be enough to keep them off the streets for at least 2 years. That’s the conclusion of a new study, which finds that programs that proactively assist those in need don’t just help the victims—they may benefit society as a whole.

“I think this is a really important study, and it’s really well done,” says Beth Shinn, a community psychologist at Vanderbilt University in Nashville who specializes in homelessness but was not involved in the work.

Previous studies have concluded that a single period of homelessness can cost taxpayers $20,000 or more, in the form of welfare, policing, health care, maintaining homeless shelters, and other expenses.
READ MORE: http://www.sciencemag.org/news/2016/08/bit-cash-can-keep-someone-streets...