Using Borrowed Money to Develop Housing Units for Homeless People

It is possible to use borrowed money to develop housing units for homeless people. In actual fact, that is in many cases the only viable way in which the government can get to develop housing units for homeless people.

The first model under which you can use borrowed money to develop housing units for homeless people would be that in which you subsequently use the money raised through taxes to repay the loans. Of course, the people who have their taxes used to pay for others’ housing may end up having reservations about the whole arrangement. But if homelessness is seen as a social problem, such reservations can be dealt with.

The second model under which you can use borrowed money to develop housing units for homeless people would be that in which you subsequently demand that the homeless people start paying rent for the housing units — with the money thus raised being used to repay the loans. The people can then be empowered in order to be in a position to pay the rents: for if they are not empowered, they will be unable to repay, and they therefore will end up being evicted, at which point they will become homeless again – leading us back to where we started.