Value of community facilities projected to be built, renovated, or purchased as a result of investments made by the organization during the reporting period.
Value of community facilities projected to be built, renovated, or purchased as a result of investments made by the organization during the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture the value of investments made by the organization during the reporting period to construct, renovate, or purchase new community facilities. It should not include the value of the actual housing units themselves.
A community facility provides services to the local community. Examples include health and medical clinics, health-treatment facilities, schools, arts and other cultural facilities, daycare facilities (adult and youth), and community sports facilities.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
Immaterial change. Value of Community Facilities Financed (PI2410) replaced Community Development Facilities: Value (CD8.2). IRIS ID / metric name changed due to framework upgrade. Minor revision to definition language for clarity.
September 2009 - IRIS v1.0 Released
New metric. Community Development Facilities: Value (CD8.2) was developed via the Original IRIS Working Group.