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Study: Detroit CBO Is Not Quite There Yet

April 26, 2021April 26, 2021 Nat M. Zorach 0 Comments CAYMC, CBA, CBO, commercial development, commercial real estate, community benefits, community benefits agreement, community benefits ordinance, community development, community economic development, community engagement, community engagement strategies, community engagement strategy, corktown, corktown detroit development, detroit community benefits, detroit housing, detroit housing market, detroit local economy, detroit mayor mike duggan, duggan administration, economic development, housing, lending, mayor mike duggan, metro detroit, mike duggan, northside regeneration, paul mckee, rashida tlaib, real estate, real estate developers, St. Louis, sugar law center, sugar law center detroit, sugar law detroit

An academic paper looks at the Detroit Community Benefits Ordinance, or CBO. Conclusions? It’s had mixed success. We can get beyond this if we stop thinking about public policy in the simplistic terms of “pro” or “anti” development.