1Description
Community benefits or cash are provided by the developer in return for increased development over base densities granted by municipality.
2Purpose
Leverage community control over land-use to advance physical, cultural and social objectives in accordance with the comprehensive plan.
3Issues
The community must accept higher densities and understand impacts.
Capacity Requirements: technical studies may be needed to calibrate rough proportionality of benefits to impacts.
4Advantages
Successfully used to generate affordable housing. Incentives can also be leveraged to create other community benefits including streetscape improvements or open space amenities. Less opposition from developers because it is voluntary. Can be used to address district-wide needs.
5Links
Gaining Ground Working Paper and Model Legislation resource link.
Useful Community Development Working Paper resource link.
Law Review Paper resource link.