As part of its economic and budgetary projections, CBO estimates past and future potential outputâalso called potential gross domestic product (GDP), and defined as the maximum sustainable amount of real (inflation-adjusted) output that the economy can produce.
Transitional Housing. This means that there is a time limit on how long you can stay in the housing or receive the housing assistance. HUD defines transitional housing as stays of up to 24 months (but stays can be shorter). Short-Term or Temporary Housing. This means that the housing situation is intended to be very short-term or temporary (30, 60, or 90 days or less).
Transitional housing provides people with a temporary place to live as they attempt to get back on their feet or make a major transition in their lives. It can be used for a variety of different populations such as homeless people, recently released prisoners, drug abusers or even troubled teens. Anyone has the opportunity to provide housing assistance to populations in need by learning how to start transitional housing. Determine the population you serve.