Los Angeles/ Retail & Industry
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Published on November 19, 2023
LA City Establishes Local Business Assistance Resource Center in Wake of I-10 FireSource: City of Los Angeles

The fire on November 11 that resulted in the shutdown of the 10 Freeway near Downtown Los Angeles has had severe economic implications for local businesses. To rectify this, the City of Los Angeles has announced the creation of a Local Business Assistance Resource Center (LBARC). This initiative is a collaborative effort with various government bodies and local organizations, announced on the City of Los Angeles website on November 18.

As per the official statement, the LBARC will, to be available to its businesses, offer resources such as complimentary consultations, low-interest loans, and additional support services. Encouragement has been given to business owners to access this website for further details regarding the assistance offered through LBARC.

Apart from setting up LBARC, a persistent focus on immediate relief as well as future-oriented recovery plans by the City of Los Angeles is paramount. This way, the city ensures that communities impacted by unforeseen events, like the I-10 Fire, can recover smoothly with the necessary resources and assistance.