Community Benefit Agreements

Community Benefit Agreements (CBAs) are legally binding contracts between developers and community groups. They ensure that a development project, like a new building or infrastructure, provides specific benefits to the local community. These benefits may include things like affordable housing, job training programs, or public green spaces. CBAs are designed to address community concerns and ensure that the positive impacts of a project extend beyond financial gain for developers, fostering a more equitable relationship between developers and the neighborhoods in which they operate.