This mature industry booms whenever a significant amount of people lose their homes, and during the recession it was able to thrive; however, growth is expected to remain slow because of decreased federal funding. These revenue drops do not mean a decrease in demand. In the five years to 2019, factors such as an increased number of veterans returning from Iraq and Afghanistan, and more unskilled immigrants entering the country will drive demand up, forcing the federal government to respond to the issue of homelessness.
This industry provides a variety of community housing services, including short-term emergency shelter for victims of domestic violence, sexual assault or child abuse, temporary residential shelter for the homeless, runaway youths and parents and families caught in medical crises, transitional housing and assisted living for low-income individuals and families and volunteer construction or repair of low-cost housing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.