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By circumstance: provide BASIC safe needs: food, water, shelter, healthcare. You're trying to help people who want to help themselves, maintain dignity, and sanity.

Realize that there is homeless by choice and homeless by circumstance. You can't change the "by choice" group.

People are often homeless due to poor external circumstances. The best way for me is to make it mandatory of businesses (especially multi-billion $ companies) to actively recruit homeless/poor community... or provide upto 10% of their profits in development causes.

figure out a way to stop the erosion of the middle class

get trained in dealing with psychiatric health problems, substance abuse problems, then offer your volunteer time in exchange for theirs.

Do a brainstorm with homeless on BR.net

Interview homeless individuals to see what they would like to do in the community

Education program providers sharing their story or expertise

Community information booth operators

Keeping the environment clean and getting compensated for it.

Selling newspapers

Get them involved in the SETI program.

Have them provide directions to tourists for a small fee.

BAD IDEA: have them fight it out on for a YouTube video.

Give them free clothes with ads for your company.

Flash mob participants. Equip them with a Facebook account. Oh, they'll need some sort of computer for that.

Big Brother is watching you. Have them report suspicious activity to cops.

Recruit them to be fund raisers for shelters