The question you should be asking is how much is actually going to the homeless. A homelessness "tribunal" or whatever has a financial interest is keeping just enough homelessness around to keep their jobs. This isn't uncommon with other government projects and anyone who has been a contractor can attest to that. If they got homelessness to some absurdly low number surely the state would start to cut jobs.
I would imagine applying Occam's Razor here would show that there's likely a significant amount of corruption in a program designed to solve something like homelessness. It's JUST vague enough that you can manufacture all sorts of reasons to keep the federal dollars flowing in.