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Community Benefits Agreement Information Sheet
What is a CBA?
A Community Benefit Agreement (CBA) is a legally binding contract negotiated between a developer (public or private) and a coalition representing a broad spectrum of community members impacted by a specific project.
In exchange for community and labor and small business members' support for the project, the developer (public or private) agrees to provide certain benefits. Existing CBAs include provisions such as funds for green space around the project, usage of locally-based small businesses, ‘best value’ contracting and hiring of local residents.
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Who participates in a CBA?
City officials - to facilitate the completion of worthy projects, help craft economic development outcomes that balance the needs of city residents, businesses, and tax- payers, and encourage the types of businesses that invest in the neighborhoods in which they locate.
Developers - to get a project through its approval process as quickly and smoothly as possible, with the public support of local stakeholders and elected officials.
Residents - to have a say in shaping the development projects in the neighborhood and to ensure that they contribute to the local quality of life.
Job seekers - to improve access to jobs for unemployed and under-employed people in the impacted area, and to support the inclusion of job quality standards, for example living wages, training and health benefits.
Unions - to expand opportunities for existing members and ensure that unorganized workers can exercise their existing legal right to join a union.
Small business owners – to build the business infrastructure of the region and in the case of retail, to give input on how best to increase local foot traffic.