Over the next year, the Obama administration will put $270 million toward ending veteran homelessness, according to The Washington Post.
This funding comes as part of the U.S. Department of Veterans Affairs' initiative to find housing for all veterans by the end of 2015. According to the VA, it will be combining resources dedicated to housing assistance, mental and physical health care and job training to get former servicemembers off the street.
The Post noted that in the past week, the VA announced it would be giving $207 million to programs that would help 70,000 veterans and their families find permanent housing. This money would also help vets in danger of losing their homes stay in their current residences. The VA will give an additional $62 million to the cause, in partnership with the Department of Housing and Urban Development. These funds will be used for a rental-assistance program.
With the addition of this money, the VA will have given more than $1 billion this year toward the fight against veteran homelessness, according to The Post. The source noted that rates of homeless veterans have been steadily decreasing since efforts to help soldiers in their life after service increased in 2010. Numbers have dropped 33 percent and continue to decline.