A Community Benefits Agreement is a contract between a developer and community-based organizations representing residents’ interests. The agreement spells out the benefits the community will receive in return for supporting the developer’s project in their neighborhood. CBAs often includes benefits such as guaranteed minimums for local hiring, inclusion of affordable units in new housing, and the development or improvement of parks or community facilities.
50 Broad Street – Suite 1402
New York, NY 10004-2699
Phone: 212.747.1117
