Do rent banks help to prevent homelessness?
According to the results from the first year of a three-year research study into the effectiveness of rent banks, the answer is a clear yes; rent banks work.
While the data pool is still small, Dr. Ehsan Latif, an economist and the project’s principal investigator, confirmed that all clients issued loans in the Kamloops Rent Bank’s first year of operations were still housed one year later.
