Cities and private investors throughout the mid-Atlantic have used TRF’s Market Value Analysis (MVA) as an effective and efficient tool to guide the allocation of limited resources. Most recently, the City of San Antonio, Texas has been using the MVA to guide its investment strategy.
The City worked with TRF and the University of Texas at San Antonio to use TRF’s methodology to create an MVA. The MVA, which was completed last year, is now serving as the basis for the City’s Strategic Plan for Community Development which was finalized this past summer after a public approval process. The City is using the MVA to consider development strategies, including identifying reinvestment opportunities, developing targeted policies, supporting ongoing initiatives as well as measuring the plan’s progress.
TRF also helped the City’s Planning and Community Development Department to build its capacity to track and update the indicators used for the MVA. With this tracking system in place, the City plans to repeat the MVA’s cluster analysis every three years to evaluate its progress.