Skip to main content

The business impact of increased homelessness - California

"As COTS faces funding threat, people, community will suffer....

"A new study by leading regional economist Dr. Rob Eyler of Economic Forensics and Analytics looked at the connection between homelessness and the local economy and estimates that a reduction in COTS programs and services could impact businesses in the greater Petaluma area to the tune of $20.6 million annually. It could also negatively impact more than 125 jobs. The research considered the effects if Petaluma businesses alone lost just 1 percent of revenue as a result of an increased presence of homeless people in business areas which can affect the flow of customer traffic and make a location less desirable for new and existing business....

"Six years ago, we began working with the findings of a Kaiser Foundation study on Adverse Childhood Experiences (ACES). Unlike the homeless agencies that only provide meals and beds, our highly trained staff has a unique understanding of the impact of early adversity on the lives of homeless adults and helps break the risk cycle to allow people to recover and transform their lives...."

http://www.northbaybusinessjournal.com/66595/the-business-impact-of-increased-homelessness/

Attachments

Images (1)
  • NorthBayBizJourn

Add Comment

Comments (0)

Post
Copyright Β© 2023, PACEsConnection. All rights reserved.
×
×
×
×
Link copied to your clipboard.
×