Collin County Homeless Coalition
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The Social Security trustees’ report warned that beneficiaries would see their monthly checks cut by 22 percent in 2032.
Nearly 68.2 million Americans currently receive Social Security benefits.
The average benefit check is $2,071.
(Social Security benefits began being taxed at the federal level in 1984, following the passage of the Social Security Amendments of 1983.)
When households face high housing costs, they may have to choose between paying rent and buying groceries. This “rent eats first” dynamic can push people into homelessness if they cannot afford shelter (MoveForHunger.Org). Food insecurity also depletes household resources, leaving less money for other essentials, which can make it harder to maintain stable housing (FRAC.Org). Studies show that food-insecure families are more likely to experience housing instability over time, and vice versa (TodaysDietitian.Com)
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