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Economic Impacts of the COVID-19 Crisis in Los Angeles: Identifying Renter-Vulnerable Neighborhoods
Abstract
Thisstudy provides information to public agencies and community organizations to helpthem better identify neighborhoods with a high concentration of vulnerable renters, tounderstand the neighborhoods’ socioeconomic and demographic characteristics, and todesign outreach programs that address the specific challenges in each place.Specifically, this study utilizes three dimension to identify vulnerable neighborhoods: (1)those with a disproportionate large number of renters on the edge of financialvulnerability due to high housing cost burden; (2) with a disproportionate large numberof workers vulnerable to job displacement due to retail and service-sector closures; and(3) with a disproportionate number of people excluded from the federal Coronavirus Aid,Relief and Economic Security Act, known as the CARES Act.
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