Promise Zones Community Development Marketplace

Description

Community Development Marketplace

The Community Development Marketplace (CDM) is a database of community development project data, currently from those communities who have applied for designations under the Third Round Promise Zones Initiative, and consented to share some of their application material with the public. The CDM provides information that describes community goals, proposed activities to advance their goals, and organizations involved in implementing and supporting these projects. The CDM presents an opportunity for community practitioners to find peers working on similar issues and to share best practices around revitalization efforts.

Using the following tool, the CDM can be quickly filtered by keywords, issues or policy domains, and/or location to yield information on the lead applicant, goals, proposed activities, implementation partners, and expected outcomes around a topic of interest. In addition to facilitating peer exchange among community practitioners, the tool can help funders and social investors find potential investment opportunities, and to assist other stakeholders in identifying potential partners. The CDM database created from this information does not reflect the totality of information submitted with each application, only a portion of the information that was included in the goals and activities template. The information was submitted in February, 2016. Peer cohorts are currently being formed among partnering communities to connect, increase access to technical assistance, and better utilize existing resources. If you would like to become involved in the project, or if you have any feedback or technical problems while using the tool, please email us at CDM@hud.gov. 

Please Note: This tool will only work on systems with Windows operating systems (no Macintosh), with Microsoft Excel 2007 or newer, and a connection to the internet. Additionally this tool requires Macros to be enabled. If Macros are not already enabled when you open the Excel File, go to File (top left) >Excel Options (or just "Options", depending on your version)>Trust Center>Trust Settings>Macro Settings>Enable Macros. If this option is not available to you, please contact your systems administrator.

Project Survey

On November 28, 2016, Federal Register Notice FR-5909-N-81 was published, announcing a 30-day Public Notice of Proposed Information Collection. The Department of Housing and Urban Development is seeking public comment on a draft Community Development Marketplace (CDM) Project Survey that may be distributed widely and used by respondents who are not part of any application process.

Specifically we are asking the public to review the questions in the survey, and the list of the Peer Cohorts attached to the survey, and answer questions listed below. Please submit any comments and/or your answers to Anna.P.Guido@hud.gov and copy CDM@hud.gov by December 28, 2016. Also feel free to submit user questions or information on any technical issues via CDM@hud.gov. This is the last public comment period required for the Paperwork Reduction Act proposed information collection.

For potential users, including foundations, investors, researchers, other stakeholders:

1. What kind of potential user are you? HUD has heard from foundations, investors, communities, researchers and national intermediaries and stakeholder networks, but there may be others who can use this data.
2. Does the Project Intake Survey template capture information that would be useful to you? If yes, how is this information useful to you? If the information captured by the CDM Survey is not useful to you, how could we adjust this survey to better suit your information needs?
3. Please review the list of peer cohorts, financing types, funding source types, asset classes, and types of project sponsors that respondents are asked to select to categorize their project details. Would these options assist you in filtering and searching for information you would like to have? Are there any other options that would help you that are currently missing? Are there any options that are redundant?
4. Does the project intake survey capture the information useful to organizations working in your community? Please elaborate on what is useful or what could be done to make it more useful.
5. What are the typical information gaps that interfere with your organization's ability to target suitable funding opportunities? How can the project intake survey be enhanced to yield relevant information for your purposes?
6. With regard to geography filters, projects in the draft database would be searchable by city, state, zip code, and census tract (where known by the respondent). Do these filters allow for geographic searches that would be useful to you?
7. How can HUD better engage foundation, philanthropic, and impact investor community?

For potential respondents:

1. Please review the questions in the proposed Project Intake Survey. If you are managing a local community development project or intervention, would you be willing and able to respond to the survey questions and to make your responses public for purposes of potentially connecting you to federal and private partners and/or peers that could facilitate your work? If not, why not? 
2. Do you perceive the benefits of responding to the CDM Survey as adequate and sufficiently motivating for you to respond? If not, what additional benefits would motivate you to respond?
3. With regard to your and your partners' community revitalization efforts, please explain what particular types of information, peer exchange, introductions or other non-competitive assistance would be helpful to you as you move your work forward?
4. With regard to geography filters, projects in the draft database would be searchable by city, state, zip code, and census tract (where known by the respondent). Do these filters allow for geographic searches that would be useful to you?

Resource Links

• Community Development Marketplace (ZIP)
• Community Development Marketplace Project Survey (PDF)

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