Community Benefits Agreement

A Community Benefits Agreement ("CBA") in the USA is a contract signed by community groups and a real estate developer that requires the developer to provide specific amenities and/or mitigations to the local community or neighborhood. In exchange, the community groups agree to publicly support the project, or at least not oppose it. Often, negotiating a CBA relies heavily upon the formation of a multi-issue, broad based community coalition including community, environmental, faith-based and labor organizations. A similar agreement in the United Kingdom is known as a Section 106 agreement.

Read more about Community Benefits Agreement:  Purposes, The Community Benefits Movement, CBA Coalitions, CBA Negotiations, Possible Benefits, Monitoring, Enforcement, Concerns and Issues, Recent Examples

Famous quotes containing the words community, benefits and/or agreement:

    Human life in common is only made possible when a majority comes together which is stronger than any separate individual and which remains united against all separate individuals. The power of this community is then set up as “right” in opposition to the power of the individual, which is condemned as “brute force.”
    Sigmund Freud (1856–1939)

    I do seriously believe that if we can measure among the States the benefits resulting from the preservation of the Union, the rebellious States have the larger share. It destroyed an institution that was their destruction. It opened the way for a commercial life that, if they will only embrace it and face the light, means to them a development that shall rival the best attainments of the greatest of our States.
    Benjamin Harrison (1833–1901)

    A marriage based on full confidence, based on complete and unqualified frankness on both sides; they are not keeping anything back; there’s no deception underneath it all. If I might so put it, it’s an agreement for the mutual forgiveness of sin.
    Henrik Ibsen (1828–1906)