Through the advocacy of the CNC, the Community Benefits Ordinance, passed in December 2015, and enabled the City to both administer mitigation funds generated through property development to nonprofits, and create the Community Benefits Stabilization Fund to hold those dollars. These Community Benefit Funds will be used to support non profit programs and services that directly benefit Cambridge residents and better address residents' unmet needs. The City has appropriate over $7 million in to date through zoning amendments and agreements with developers.
The first step in the planning process for how these resources will be distributed is conducting a comprehensive Needs Assessment. The final report from the assessment was released on January 26, 2017.
The City Manager has appointed a 13 member Community Benefit Advisory Committee charged with creating a plan for investing the community benefit funds. The group held its first meeting on June 26, 2017, with each member being appointed for a 3 year term.