Community Benefits Agreement (CBA)
What is a Community Benefits Agreement? (CBA)
What is a Community Benefits Agreement? (CBA)
Among the most important of the activities of the Union Square Neighborhood Council is the negotiation of a Community Benefits Agreement with developers. We currently have CBAs with USQ, DLJ, and CV Properties.
CBA: a legally binding agreement between a real estate developer and a community group. The developer agrees to supply particular benefits or to make certain changes in exchange for that community group's support of a project located in that community.
Community Benefits are specific negotiations that were not in the original development plan and are often used to mitigate potentially harmful environmental, social, or economic impacts.
Links to our current CBAs
