The Local Initiatives Support Corporation Foreclosure Needs Scores identify the relative need for foreclosure prevention and neighborhood stabilization for each zip code or Community Development Block Grant (CDBG) jurisdiction within a state.
The LISC dataset provides a composite measure of foreclosure needs by combining three data elements that are predictive of foreclosures or neighborhood destabilization:
Foreclosure needs scores are relative measures that are adjusted by local and state vacancy rates so that the most needy location in any state will score a 100, while the least needy location will score a zero (0).
The foreclosure needs score serves as a measure of economic hardship. Under these conditions, financial stability is lost and inequality accumulates, leading to poor health outcomes1. Financial instability creates stressors that could lead to poor individual health outcomes2 and on a larger scale, could lead to higher crime rates, greater acts of violence, and the creation of negative social environments3 which are correlated to health outcomes.
1 Robert Wood Johnson Foundation Commission to Build a Healthier America: http://www.commissiononhealth.org/Economy.aspx
2 California Newsreel, Nationality Minority Consortia, Joint Center Health Policy Institute. Unnatural Causes: Is Inequality Making Us Sick? http://www.unnaturalcauses.org/resources.php?topic_id=2
3 California Newsreel, Nationality Minority Consortia, Joint Center Health Policy Institute. Unnatural Causes: Is Inequality Making Us Sick? http://www.unnaturalcauses.org/resources.php?topic_id=6
The foreclosure needs data for 2008 is from HousingPolicy.org