New York City is legally obligated to find a bed for every person who needs one, every night of the year.
So, when homeless shelters fill up, the city turns to the next best thing: Hotels. The city spends millions renting out entire blocks of hotel rooms.
But it doesn't have to be this way. Research suggests that the most cost-effective way to address homelessness may not be investing in temporary shelters or hotels, but providing rental assistance.