Community Benefits Agreements1

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POLL: Should The City Require A Community Benefits Agreement When Giving Development Incentives?

A new ordinance that is before the Detroit City Council could have a significant impact on incentives given by the city for development going forward. The ordinance would require that those developers seeking $300,000 or more in subsidy would be required to enter into a CBA. This CBA, or Community Benefits Agreement, could outline things like a requirement for number of residents hired, local businesses used, and other modifications as the ordinance before council sees fit. Major developments...

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