Community Benefit Agreement (CBA) is a legally binding contract between a developer (or business) and community groups that outlines specific benefits the developer agrees to provide as part of a large development or project. These benefits often include commitments such as local hiring, affordable housing, environmental protections, or funding for community services. CBAs ensure that the economic and social advantages of development are shared with the residents most affected by it.
In the context of social impact and ethical business, CBAs represent a tool for community empowerment and corporate accountability. They give communities a direct voice in shaping development projects, ensuring that growth contributes to equity and local well-being rather than displacement or harm.