Nonprofits, Including VEO, Advance in Battle Against Veteran Homelessness
Despite a 55% decrease in homeless veterans over 13 years, over 33,000 remain homeless; The Home Depot Foundation pledges additional $250 million to veterans' causes by 2030.
- The number of homeless veterans has decreased by 55% over the past 13 years, with an 11% drop since January 2020, due to efforts by government agencies, nonprofits, and corporate foundations.
- The Veterans Empowerment Organization (VEO) provides emergency and permanent housing for homeless veterans, along with classes on financial literacy, securing VA benefits, and achieving employment and housing independence.
- Despite the progress, over 33,000 veterans remain homeless, according to the 2022 Point-in-Time count conducted by the VA and Department of Housing and Urban Development.
- The Home Depot Foundation has donated $500 million to veterans causes since 2011, and recently pledged an additional $250 million by 2030. The foundation has also contributed over 1.5 million volunteer hours to veterans, including building or repairing 60,000 houses and facilities.
- Despite the significant progress, challenges remain, including the need for affordable housing and the continuous cycle of veterans becoming homeless.