City sees details of homelessness strategy, with push to raise $115M
“The plan details came on the same day a collective of local political leaders and representatives from social services groups and charitable foundations announced that $400 million has been raised toward the estimated $515 million cost of permanently ending homelessness in Austin. That figure was revealed at a spring summit of local leaders looking at how to use one-time federal aid on housing and social services for the homeless.
Since then the city has committed $210 million, with Travis County contributing $57 million and the state offering $92 million. Thursday’s announcement also marked the beginning of a push to raise the remaining $115 million from the private sector and philanthropic organizations.
Grey’s plan breaks the federal spending into five categories: crisis services ($10 million), core housing programs ($55 million), other services ($7 million), system capacity building ($9.2 million), and capital investment ($25.5 million).”