Share of Foreclosures Leading to Homelessness on the Rise in Richmond, VA

Percent of Homeless Adults in Richmond, VA Who Ever Lived in a Foreclosed Property

            Rented Home (%)        Owned Home (%)        Total (%)   

July ‘08              2%                        4                        6%
Jan ‘09              3%                        5%                       9%
Jul ‘09               4%                        5%                       8%
Jan ‘10              5%                        5%                       10%
Jul ‘10               6%                        5%                       11%
Jan ‘11              5%                        8%                       13%
Jul ‘11               5%                        8%                       13%
Jan ‘12              7%                        6%                       13%

Source: Institute for Children, Poverty and Homelessness. (2013). Foreclosures and Homelessness: Understanding the Connection. New York, NY: Author. Retrieved from: http://www.icphusa.org/index.asp?page=16&report=103.