by Mark Herrmann VP, Fundamentals & Structuring at NRG
Blog
At NRG, we are driven to be active members of our communities. Many of us, both individually and collectively, give our support, our time, and our resources to nonprofit organizations dedicated to helping vulnerable members of our community. This need to help has only been heightened as we begin to understand the breadth of COVID-19.
The U.S. has a shortage of around 7 million affordable housing units for renters whose household incomes fall below the poverty line, according to the National Low Income Housing Coalition. As Americans struggle to find affordable housing, homelessness is on the rise across the country. On any given night, more than 560,000 Americans find themselves homeless, per a 2019 point-in-time count.
In celebration of AEG’s annual Season of Giving, the company’s charitable holiday initiative that encourages its employees throughout the world to engage in charitable activities in their local communities, STAPLES Center’s Premium Seating employees prepared and served breakfast to 1,200 homeless community members at Union Rescue Mission in Los Angeles on Friday, Nov. 22.
Death and taxes may be certain, but food and shelter are non-negotiable. In the United States, we waste a lot of food, but we’re running out of houses. In a society ostensibly dedicated to life, liberty, and the pursuit of happiness, the right to protection from the elements seems distinctly absent.
PASADENA, Calif., June 27, 2019 /3BL Media/ - CIT Bank, N.A., the banking subsidiary of CIT Group Inc., today announced a total community investment of $55 Million in support of two East LA Community Corporation (ELACC) affordable housing developments, El Nuevo Amanecer and Rosa de Castilla.1 Together, the complexes will provide 146 units once completed, including 80 units of permanent supportive housing for homeless veterans and 42 units for low-income families.
How Destination: Home and Cisco are advancing innovative strategies to end homelessness
Summary:
“With this commitment to Destination: Home, I believe we are deepening our connection even further to the community we call home. Though homelessness seems intractable, I believe that it is a solvable issue. I also feel very strongly that we have an opportunity—and a responsibility—to do something about it.” - Chuck Robbins, CEO, Cisco
Multimedia with summary
“With this commitment to Destination: Home, I believe we are deepening our connection even further to the community we call home. Though homelessness seems intractable, I believe that it is a solvable issue. I also feel very strongly that we have an opportunity—and a responsibility—to do something about it.” - Chuck Robbins, CEO, Cisco
The homelessness challenge may seem enormous, but it is solvable.
The first step is to choose to see it. Homelessness is an outcome of severe and growing economic inequality, with factors such as slow wage growth, downsizing of some industries, or skyrocketing rents—anyone can be at risk of becoming homeless.
On any given night, 552,830 people in the United States experience homelessness. California has the largest number of people experiencing homelessness, and in San Diego County, nearly 9000 are experiencing homelessness.
The homelessness challenge may seem enormous, but it is solvable.
The first step is to choose to see it. Homelessness is an outcome of severe and growing economic inequality, with factors such as slow wage growth, downsizing of some industries, or skyrocketing rents—anyone can be at risk of becoming homeless.
On any given night, 552,830 people in the United States experience homelessness. California has the largest number of people experiencing homelessness, and in San Diego County, nearly 9000 are experiencing homelessness.
