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Urban Alchemy's Mixed Blessings in Homeless Services

Urban Alchemy's Mixed Blessings in Homeless Services

Santa Fe News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 22, 20261m 35s

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Show Notes

Urban Alchemy, a company founded in San Francisco in 2018 to provide jobs for ex-prisoners, has grown into a significant player in homelessness services across the U.S. Despite reaching nearly $85 million in revenue last year, the company has faced criticism over financial mismanagement, poor record-keeping, and multiple lawsuits. Reports of sexual misconduct by staff, including cases in California and Oregon, have also surfaced. The companys operations have been met with mixed reactions from cities, with some cutting contracts due to faked records and others continuing services. Urban Alchemy has secured a new $22.5 million street ambassador contract in San Francisco and a $1.5 million emergency shelter contract in Santa Fe, but faces financial challenges as operations continue nationwide.

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