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The New Trajectory Of Community Benefit Agreements

Governments regulate land use. History has shown that the impact of development and zoning can be uneven, often disproportionately affecting marginalized communities.

Why Attend?

Benefits Agreements (CBAs) advocate for equitable development by outlining the benefits in exchange for supporting a development project or rezoning but are highly criticized for several weaknesses:

  1. Developers and stakeholders need more enforceability and accountability mechanisms.  

  2. The potential for power imbalances in negotiations can skew benefits towards more powerful stakeholders, leaving smaller or less organized groups disadvantaged.  

  3. CBAs commonly focus on short-term gains, neglecting long-term impacts and sustainability. 


Therefore, while CBAs have the potential to be a valuable tool, their weaknesses are being carefully examined and mitigated to ensure that they truly serve the best interests of all stakeholders.


Agenda:

  • New Tracking - transparent monitoring and reporting techniques to track the progress and implementation of the agreed-upon benefits, ensuring accountability and history of developer compliance

  • Mechanisms and momentum to forecast long-term systemic displacement and inequities 

  • Case Study - Evolving legal rigor to maximize CBA effectiveness and equity. 

Webinar Details:

  • Date:         Thursday, October 26, 2023

  • Time:         2:30 - 3:45 pm EST

  • Duration:   75 Minutes

  • Platform:   Zoom


Who Should Attend: This webinar is ideal for developers, financiers, real estate-related professionals, business leaders, community engagement professionals, and anyone interested in building meaningful relationships with the communities they operate in.


About Us: The Oliver Agency (T.O.A.) is committed to delivering the highest quality real estate and advisory transactions. Much of our activity is centered around place-based investments and community benefits agreements with billions in leveraged transactions in over 35 sectors. Economic equity is at the core of our movement. T.O.A. understands that Community-Based Agreements and Place-Based Investments offer innovative approaches to building sustainable and mutually beneficial partnerships.

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