Data from the Department of Housing and Urban Development (HUD) indicate an unprecedented 43 percent increase in the number of people residing in homeless shelters in the United States between 2022 and 2024, reversing the gradual decline over the preceding sixteen years. Three-quarters of this rise was concentrated in four localities – New York City, Chicago, Massachusetts, and Denver – where large inflows of new immigrants seeking asylum were housed in emergency shelters. Using direct estimates from local government sources and indirect methods based on demographic changes, we estimate that asylum seekers accounted for about 60 percent of the two-year rise in sheltered homelessness during this period, challenging media and policy narratives that primarily attribute this rise to local economic conditions and housing affordability.

More on this topic

BFI Working Paper·Mar 20, 2026

Does Scarcity Tax Parents’ Minds?

Ariel Kalil and Mauricio Koechlin
Topics: Early Childhood Education, Economic Mobility & Poverty
BFI Working Paper·Mar 17, 2026

Household Preferences for Women’s Employment: A Field Experiment in Bangladesh

Yueh-ya Hsu, Reshmaan N. Hussam, Erin M. Kelley, and Gregory Lane
Topics: Economic Mobility & Poverty, Employment & Wages, Higher Education & Workforce Training
BFI Working Paper·Feb 16, 2026

Income Shocks and the Intergenerational Transmission of Executive Function

Ariel Kalil and Mauricio Koechlin
Topics: Early Childhood Education, Economic Mobility & Poverty