Do you feel like you have no control over development in your community?

On Thursday, February 2 (6:30pm), STAND UP Nashville will hold a community meeting to talk about “Community Benefits Agreements (CBA),” a tool that other fast growing cities have used to give neighborhoods greater say in how development happens.

We will have speakers who have successfully negotiated CBA’s to walk us through the process and explore the opportunities exist in Nashville.

Are you ready to STAND UP?

Join us Feb. 2!

What is a Community Benefits Agreement?

A Community Benefits Agreement or “CBA” 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. Site-specific community benefits agreements (CBAs) ensure that particular projects create opportunities for local workers and communities. Often, however, these projects change the city’s development paradigm; when decision makers realize what well-considered projects with specific benefits attached can bring to the community, the city enacts community benefits policies that set the stage for lifting thousands of people out of poverty.

Why the Community Benefits Model Works

• Community benefits tools maximize returns on local government investment in development.
• Community benefits programs can transform regions through stronger, more equitable economies.
• Community benefits help generate public support for economic development projects.
• Delivering community benefits is smart business.
• CBAs hold developers accountable for their promises to local governments and residents.
• Public input results in better projects that benefit the whole community and attract local customers.
• Community benefits are part of a smart growth agenda.
• Time is money, and projects with CBAs often enjoy a faster, smoother entitlement process.