A record estimate of 771,480 people were homeless in the U.S. in 2024, an 18% increase from a year earlier, fueled by factors including an influx of migrant families, a lack of affordable housing and natural disasters,

HUD, in its press release, said the rise in homelessness was fed, in part, by a jump in the number of migrants seeking asylum in the U.S. But this snapshot was taken in January 20

The report attributed the historically high number to several factors, including a multi-year surge in home prices and a reduction in covid-era assistance.

The rise was driven by unaffordable housing, inflation, systemic racism, natural disasters and rising immigration.

How does the Trump administration plan to tackle the homeless crisis, following an 18% spike in the number of unsheltered in 2024? Abby Phillip and her NewsNight panelists discuss.