Promise Neighborhoods is a place-based initiative intended to turn neighborhoods of concentrated poverty into neighborhoods of opportunity. They do this by providing high-quality schools along with a continuum of services spanning from early childhood through college and enhance family and community supports. The Promise Neighborhoods Initiative model has a strong commitment to results-based planning and improvement using real-time data. This guidance document recommends data collection strategies and data system structures to ensure Promise Neighborhoods can manage and produce measurable results. While this guidance document is written specifically for Promise Neighborhoods, these recommendations can be applied to other place-based initiatives.