Monday, May 26, 2014
On Thursday, May 22nd, YNDC Deputy Director Ian Beniston participated in the Forum on Rebuilding Markets, giving a presentation on Putting Market-Oriented Data to Use alongside Alan Mallach, Senior Fellow, Center for Community Progress and Diane Sterner, Community Strategies Advisor, New Jersey Community Capital.
The panel spoke to the fact that how well the market is functioning—as reflected by consumer decisions—is a critical element of neighborhood vitality. In order to plan effective revitalization strategies, we must analyze indicators which measure market activity (such as sales volume and price), as well as various factors that affect the market (like crime and foreclosures). Where does one get this data and how is it being used by community developers and others to guide revitalization strategies?
Hosted by the NeighborWorks America Stable Communities Initiative, the Forum on Rebuilding Markets explored how NeighborWorks organizations are stabilizing communities by analyzing market trends, diagnosing critical issues, adapting strategies to changing conditions, and promoting positive community transformation. The forum considered how recent market trends are affecting communities across the country, examined new tools and resources available to assist communities in measuring key indicators of vitality, and discussed how organizations can leverage market forces to create more resilient and vibrant communities.