Asset Mapping is a tool to identify the assets that exist within a community, including its wealth in people, things, resources, and services. Through the process, communities then learn how to categorize assets in the Community Capital Framework and utilizes these assets to advance the community.
Utilize assets to build community:
• Leverage resources to support the development of community projects
• Aid in funding proposals
• Connect individuals to paid/volunteer opportunities
• Create searchable database of community resources
• Assist in the marketing of the community
six categories of community assets
1. Physical Assets
Physical assets in the community include land, buildings, transportation, and facilities that can contribute to community strengthening.
2. Economic Assets
Economic assets include what residents produce and consume in the community, in both formal and informal ways, through local businesses, or bartering and trading relationships, that can contribute.
Stories carry the memory of a community and can describe the potential of a community based on previous times as remembered by those who live there.
4. Local Residents
Local residents are those who live in the community. Residents’ skills, experiences, capacities, passions, and willingness can contribute to community strengthening.
5. Local Associations
These include associations in the community primarily run by volunteers, such as athletic clubs, faith-based groups, and others that can contribute.
6. Local Institutions
Local institutions are public spaces in the community such as schools, libraries, parks, and government entities, such as nonprofits.
CCF is an approach to analyze communities and community development efforts from a systems perspective. Communities that are effective in supporting economic development focus on seven types of capital: natural, cultural, human, social, political, financial and built.
CCF focuses mainly on the assets of a community rather than on community needs and deficits.