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February 10, 2011

Market Data-Driven Stabilization: A Case Study of Cleveland’s NEO CANDO Data System

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The following case study by the Enterprise Foundation, focuses on NEO CANDO and the partnerships that utilize the data it provides to improve the quality of life in neighborhoods.

"Local market data systems are of great value to nonprofits, local governments and other community stakeholders who are working to stabilize neighborhoods struggling as a result of foreclosures, blight, vacancies or economic decline.

In Cleveland, data transformed the focus and implementation of neighborhood stabilization, allowing stabilization efforts to achieve a level of impact that was not otherwise possible....

This case study examines the value of parcel-level real estate data for neighborhood stabilization programs in general, and looks specifically at how the Northeast Ohio Community and Neighborhood Data for Organizing system (NEO CANDO) is used in Cleveland. Examples of some of the ways community stakeholders have used the data generated by the NEO CANDO system are provided. General information describing the operations of the NEO CANDO system, the data used, and the sources of that data are also provided to aid communities considering creating their own local market data system."

This case study is located on practitionerresources.org, where other Enterprise Community Partners resources are also listed.