
Home Affordability in the USC Area
In 2006, when USC began planning its new mixed-use “Village” development, the UNIDAD Coalition ––a group of community-based organizations in South Central–– arose to ensure
Variable Definitions:
Foreclosures: The number of foreclosed housing units in a given area
Source:
Los Angeles Housing Department
Years Available:
2014-2021
Methodology Note:
The original data comes at the point level. Our team geocoded the locations to generate X/Y coordinates, then spatial joined each point to 2020 Census Tracts.
Foreclosures
Foreclosure happens when a homeowner is unable to make mortgage payments on their property, allowing the lending institution to seize the property and evict the homeowner. Housing foreclosure has negative impacts on households and neighborhoods. High foreclosure rates in a neighborhood can lead to a lack of community and economic investment, vacancies and blight, increased levels of property crime and vandalism, and overall lower property values. Households who file for foreclosure are often economically strained and must deal with the consequences of finding new and affordable housing and displacement from their community and schools.
In 2006, when USC began planning its new mixed-use “Village” development, the UNIDAD Coalition ––a group of community-based organizations in South Central–– arose to ensure
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