When big development comes to a neighborhood, how can the neighbors benefit?
When big development comes to a neighborhood, how can the neighbors benefit?
It’s a thorny question that communities are trying to address with all sorts of new legal, financial and taxing mechanisms. One such mechanism is a Community Benefits Agreement.
Ralph Rosado is an expert on the subject, particularly when agreements are used for affordable housing and neighborhood revitalization. He is president of Rosado and Associates and a fellow at the Metropolitan Center at Florida International University. He has a forthcoming book on the subject, to be published by Penn Press.