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AGENDA ITEM NO. ___ January 24, 2023January 10, 2023Honorable Board of Supervisors County of Alameda 1221 Oak Street, Suite 536 Oakland, CA 946124305SUBJECT:APPROVE AND EXECUTE THE REIMBURSEMENT AGREEMENT
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How to fill out project stabilization community benefits

01
Review the project stabilization community benefits agreement to understand the requirements.
02
Gather all necessary documentation requested in the agreement such as employment targets, local hire requirements, apprenticeship opportunities, etc.
03
Meet with project stakeholders to discuss and agree upon the community benefits that will be provided.
04
Fill out all necessary forms and paperwork accurately and completely.
05
Submit the completed project stabilization community benefits agreement to the appropriate authorities for review and approval.

Who needs project stabilization community benefits?

01
Contractors and developers involved in construction projects that impact the local community.
02
Local communities and residents who want to ensure that projects provide tangible benefits to the area.
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Project stabilization community benefits refer to the benefits that a project offers to the community in which it is located, such as job creation, affordable housing, training programs, or infrastructure improvements.
The project developer or owner is typically required to file project stabilization community benefits.
Project stabilization community benefits can be filled out by documenting the specific benefits provided to the community, including the number of jobs created, the amount spent on affordable housing, and any other relevant information.
The purpose of project stabilization community benefits is to ensure that development projects have a positive impact on the surrounding community and help address social and economic needs.
Information that must be reported on project stabilization community benefits includes details on job creation, affordable housing units, training programs, and any other community benefits provided.
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