Community Benefit Districts (CBDs) are public-private partnerships formed by property owners in a specific geographic area to improve quality of life, build community, and promote economic activity.
CBDs provide supplemental services such as safety patrols, sidewalk cleaning, park maintenance, retail and restaurant recruitment, resident and business advocacy, and more to improve the basic level of services provided by the City (to supplement city services, NOT replace city services). These services are funded by property owners who pay an annual assessment based on the size of one’s land, building or home, and other determining factors.
Forming a CBD requires formulating an annual budget and a management plan, which will be implemented by a nonprofit organization. The organization will be governed by a board of district property owners, businesses, renters, and other stakeholders.
As a unified community we decide what services we want to address and how we allocate our resources, while having a significant voice with the City.