Portfolio Category: Impact Data

  • Public Life Evaluation

    Public Life Evaluation

    Street Level Advisors led a process for the John S. and James L. Knight foundation to evaluate a series of grants that the foundation has made to support the development of organizations focused on improving access to public space, and public life in American cities. The goal of this work was to connect and engage residents in their communities through more parks and public open spaces, bike and pedestrian lanes to enable people to connect, and programming that draws people together to share a common experience. This is an unusual focus for philanthropy and the Foundation wanted to know whether their investment was making a difference.

    Street Level interviewed nearly 50 neighborhood leaders and volunteers in communities where the funded work was conducted, listening to community stakeholders and capturing their sense of whether and how the work impacted the communities. In addition to documenting traditional measures of impact such as increases in the level of local spending and the number of permanent policy changes, we identified meaningful impacts related to community voice, identity, the development of local leadership and organizational capacity. We found that even temporary tactical urbanism type interventions (bike lanes, parklets, public events, etc.) could have a long-term impact. While the changes were not always lasting, we found that when the work was conducted in an inclusive and authentic way, local stakeholders reported lasting changes in community engagement. These creative public life projects seemed particularly likely to inspire new leaders and give them the confidence to undertake longer term efforts.

    Public Life Leadership Report cover

    Download the Report

  • Social Impact Data.org

    Social Impact Data.org

    We spent a year researching how social enterprises and the foundations and impact investors who fund them measure the social impact of thier work. What we learned was surprising. Rather than publish a paper report we created this interactive microsite to share our research findings.

  • Social Impact Dashboard

    Social Impact Dashboard

    Screen Shot 2015-09-25 at 11.40.09 AM

    Users of the HomeKeeper application enter data about their programs as a routine part of using the tool to get the job done. But HomeKeeper was designed to also provide a high level view into the social performance of the entire affordable homeownership sector. It does that by aggregating data from all of the HomeKeeper users into a single national data hub.

    The Social Impact Dashboard allows HomeKeeper users and others to engage with this data and better understand the performance of their organizations relative to their peer group.

    Play with the data yourself at MyHomeKeeper.org

  • HomeKeeper

    HomeKeeper

    HomeKeeper is a Salesforce.com application designed to help managers of affordable homeownership programs to track key program data and monitor the social impact of their programs.

    Learn more about it at MyHomeKeeper.org

  • The Asset Building Potential of Shared Equity Homeownership

    The Asset Building Potential of Shared Equity Homeownership

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    In this paper for the New America Foundation, we review the literature on homeownership as an asset building strategy for lower income households. We then present a real world case study, examining wealth building and household mobility among buyers of 424 resale-restricted, owner-occupied houses and condominiums developed by the Champlain Housing Trust (CHT) in Burlington, Vermont between 1988 and 2008. We conclude by comparing the asset building potential of shared equity homeownership to the rewards and risks associated with other strategies for helping lower income families to accumulate assets and build wealth.

  • Resale Formula Comparison Tool

    Resale Formula Comparison Tool

    Resale Formula Tool
    Resale Formula Tool

    This general purpose educational tool was designed to help community leaders understand the relative performance of different limited equity resale formulas. So much of what sets one model apart from the other is dependent on the assumptions you make about interest rates, home price inflation and income growth. This tool allows a side-by-side comparison between several models, and allows you to change these input assumptions and immediately see changes in the relative performance of each of the models in terms of both ongoing affordability and equity building for homeowners. The tool also allows you to look up historical data on home prices and median incomes for every metropolitan area in the country in order to get a better feel for what appropriate assumptions might be going forward.

    The tool compares several of the most common resale formulas including a basic AMI index, an appraisal based formula, a mortgage based formula and a shared equity loan model.

    The tool is intended to help policy makers to evaluate questions like:

    • When housing costs are rising rapidly, which approach preserves affordability best?
    • Which approach provides the greatest asset building opportunity in the face of rising interest rates?
    • If incomes grow more slowly than we expect, which approaches will be most impacted?

    You can make the analysis more relevant to your local conditions by customizing a number of background assumptions like cost of production for a new affordable unit, the level of subsidy available, and the monthly housing costs that homeowners will face.

    Excel resale formula comparison tool

    The web based version of the tool is no longer available.

    The latest version of the tool is an interactive Excel file. The file allows users to update key assumptions and then interactively compare multiple resale formulas. The tool includes 8 commonly used shared equity resale formulas and 5 custom models which can be modified to match existing or proposed local program designs. The excel version also allows the user to save up to 5 alternative economic scenarios to understand how the formulas perform under different potential futures (ie. rising interest rates, falling home prices, etc.) The tool is locked so that it is safe for inexperienced users to play with alternatives but designed to allow power users to make small or large modifications. The excel file is released under an open source license which allows for free sharing and modification.

    Download the excel file here.


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