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:

    Jesus would recommend you to pass the first day of the week rather otherwise than you pass it now, and to seek some other mode of bettering the morals of the community than by constraining each other to look grave on a Sunday, and to consider yourselves more virtuous in proportion to the idleness in which you pass one day in seven.
    Frances Wright (1795–1852)

    In America the young are always ready to give to those who are older than themselves the full benefits of their inexperience.
    Oscar Wilde (1854–1900)

    The doctrine of those who have denied that certainty could be attained at all, has some agreement with my way of proceeding at the first setting out; but they end in being infinitely separated and opposed. For the holders of that doctrine assert simply that nothing can be known; I also assert that not much can be known in nature by the way which is now in use. But then they go on to destroy the authority of the senses and understanding; whereas I proceed to devise helps for the same.
    Francis Bacon (1560–1626)