Community benefit

Community benefit is a term used somewhat interchangeably with public benefit to describe a bonus program whereby a developer offers an additional component in exchange for a project bonus. The project bonus is most often additional density or additional FAR, but other benefits for the developer are possible. The community or public benefit is often affordable housing (perhaps onsite BMRs), but it covers a wide range of benefits including street tree plantings, sidewalk and crossing improvements, creation of park space, etc.

Synonyms:
public benefit
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