Municipal Bonds: A Positive Impact In Addressing Homelessness

This is the fifth article in a series highlighting the most important aspect of municipal bonds: how the projects bonds finance helps the community. It appropriately started with Municipal Bonds: Investing In Our Communities. This piece looks at how municipal bonds address difficult social issue by financing impactful programs that benefit people and their communities.

Projects contributing to thriving communities, including those that encourage positive and beneficial interactions with schools, libraries, hospitals, fire stations, public transportation networks, affordable public housing and parks are all part of what makes a community great for its residents.

But some residents in the community are not part of it. The issue of homelessness affects nearly every municipality, large or small, across the nation. Homelessness is defined as people living in “places not meant for human habitation.” That’s an almost unbearably antiseptic way of saying people are living anywhere a modicum of shelter can be found—in tents, cars, parks, train or bus terminals or just in doorways on the streets.

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Forbes

Barnet Sherman

Aug 13, 2019, 10:20am



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