This issue of Community Investments focuses on the topic of data and measurement and its implications for community development. The articles provide an introduction to the basic concepts and challenges related to impact measurement in the field, and also explore more in-depth issues, such as the impact tensions that arise in place-based initiatives and the use of a logic model for CDFIs to conceptualize their impact. We also examine Social Impact Bonds, a new investment vehicle that reflects an important movement in the impact investing sector toward robust measurement of social progress. Our “Eye on Community Development” section features articles on new research findings from the Supplemental Poverty Measure and a new REO EQ2 lending program that meets the needs of nonprofits utilizing NSP funds for local neighborhood stabilization.
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