Los Angeles Launches $103 Million Program To Offer Relief To Renters

LA City Council President Nury Martinez says the city's new program will provide subsidies of up to $2,000 to some 50,000 families. More than 100,000 people applied the first day.
Graffiti on a wall on La Brea Ave. in Los Angeles, Calif. asking for rent forgiveness in May. This week, the city of Los Angeles rolled out a renters relief program to provide more than $100 million in assistance. Source: Valerie Macon

One in five people in Los Angeles County is out of work, according to California's latest unemployment numbers. And that means a lot of people can't pay the rent.

This week, the city of Los Angeles rolled out its . It will provide a total of $103 million in assistance to LA renters in

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