For the City, the MVA is playing the role of a powerful and proven guide to both daily operations and long-term planning. The MVA guides the City’s Capital Improvement Program (CIP) which funds physical improvement projects. City Departments such as Public Works and Health, applying for CIP funding, use the MVA as a market lens as they develop their project plans. The MVA also allows project planners to understand how a neighborhood’s market can affect their plan and consequently what potential impact the project itself would have on its surrounding market.
Baltimore’s Department of Housing uses the MVA along with a set of graphic contextual overlays to better understand where it needs to focus its activities, from code enforcement to subsidy-balanced residential development. For example, the Vacants to Value initiative uses the MVA as a framework for supporting citywide revitalization. In distressed areas where there are nodes of strength, the city has partnered with for-profit and nonprofit investors to effect whole block solutions. The most mature of these are the “Community Development Clusters,” identified using the MVA, which have seen a 40% reduction in vacancy since the program began.