Insurance price spikes threaten supportive housing programs
Permanent supportive housing programs are a preferred remedy for the homelessness crisis, experts say. Such apartments have more than doubled in the past decade. But lately, the organizations that run them are battling a new threat: property insurance charges, which have thrown some programs into dire financial straits. Also in this episode: Wage growth shows signs of cooling but remains ahead of inflation and analysts expect a record holiday season for buy now, pay later.