At first glance, the newly released 2025 Annual Homeless Assessment Report (AHAR) Part 1* from the U.S. Department of Housing and Urban Development looks like good news. On a single night in January 2025, an estimated 745,652 people were experiencing homelessness across the country, a 3% decline from the record high reached in 2024. For the first time in several years, the overall national trend line is bending in the right direction. But look closer, and a different story em
