Data Used To Select New Investment Areas For Neighborhoods Initiative
The Baltimore Neighborhood Indicators Alliance (BNIA) produced a report for the Executive Director of Baltimore’s Healthy Neighborhoods Initiative, Inc. (HNI, Inc.) that was used to guide the selection of new investment areas. HNI, Inc. targets neighborhoods for improvement that have a strong housing stock, and seem likely to rapidly improve if they receive an infusion of new investments.
BNIA produces quarterly reports as well as a year-end report for HNI, Inc. These reports detail trends for housing indicators for target blocks in HNI, Inc. neighborhoods. BNIA tracks six key housing indicators:
- median sales price,
- number of housing units sold,
- median number of days a house is on the market,
- percent of residential properties that undergo mortgage foreclosure,
- percent of residential properties that are vacant and abandoned, and
- the percent of residential properties with building permits for rehab investment over $5,000.
This story was initially published in Stories: Using Information in Community Building and Local Policy in June 2007.
Peter Armstrong of the Baltimore Neighborhood Indicators Alliance (BNIA), Jacob France Center, University of Baltimore, provided information for these cases. Carol Eshelman, Executive Director of the Brooklyn and Curtis Bay Coalition also provided information for story.