Data Driven Decision Making Uli June 2009
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Data is useful for both investors and grantees when making development and investment decisions. For investors, data can help understand neighborhoods for potential investment, analyze market momentum, and assess the reach and impact of grant awards. For grantees, data helps develop revitalization strategies based on market trends, provides baseline and longitudinal data for evaluation, maps underlying conditions for public engagement, and integrates primary and secondary data sets.
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Data Driven Decision Making Uli June 2009
- 1. Data Driven Development and Investment
- 2. Use of Data: As an Investor Understanding Neighborhoods for Potential Investment Application pre-review (Community Profile) TRF analysis of market momentum and alignment of proposed strategies Assess Reach of Grant Awards Relative to Poverty Evaluate Impact by Trends in Data
- 5. Use of Data: As a Grantee Develop revitalization strategies based on market dynamics and trends (TRF Development Memo) Evaluation - Access to comprehensive sets of secondary data (baseline and over time) Proposal Development - (ex: NSP) Map underlying market conditions for public engagement Integrate Primary & Secondary Data Sets: understanding survey responses