In urban districts, homeless and highly mobile students are an important contributor to achievement disparities-and their numbers are rising. To date there has been little inquiry into how broader education and housing policies shape the schooling experiences of homeless and highly mobile families. Using semi-structured interviews with 132 key community stakeholders (parents, school social workers, other school staff, and community/service personnel) in one urban area, this study explored how families living at the policy intersection of the McKinney-Vento Homeless Assistance Act and federal rehousing policies, such as the HEARTH Act, experience the schooling process. These policies have important impacts on students; the McKinney-Vento Act provides them with a range of supports while recent federal policies such as the HEARTH Act are shifting where and how they are living. Taking a policy perspective and drawing insights from Lin's network theory of social capital, the findings suggest that these policies both independently and concomitantly shape families' life opportunities. Implications for schools, communities, and scholars are addressed.