Waco’s Exciting Mission That Will Make The Town Tinier

Waco, Texas has been dealing with an incredibly high poverty rate (almost one in four) for a very long time, but thankfully impoverished does not also mean homeless. However, as projections for affordable housing and its lack of availability remains in flux, the homeless population could soon be growing.

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Recently the Homeless Strategy Office of Austin asked the city council to provide them an annual budget of over $100 million dollars, which is about $15,500 in annual spending for each homeless occupant within the city.

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Thankfully, the good people involved with the nonprofit Mission Waco used the logic and understanding of the time value of money to more or less solve Waco's housing needs for the homeless at a much lower cost.

What is Mission Waco doing to solve the homelessness in the Waco area?

According to this KCEN article, for about one third the cost of what Austin is asking be spent annually by taxpayers to accommodate the homeless population, a Waco nonprofit will spend a one time amount of around $35 million from grants and donations to completely finish and more or less end chronic homelessness in the heart of McLennan County.

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There are a list of requirements to be invited to the new Mission Waco community, but if you are willing to meet on middle ground you could find a permanent home. Financial fluctuations aside, the project continues to advance on pace, and the first residents are expected to have a home with their very own mailing address before the end of the year.