This program brings together a diverse set of leaders from the public and private sectors to discuss Community Benefit Agreements (CBA) and other community engagement strategies. A panel with developer, community organization and elected official perspectives will share examples of negotiating CBAs, the challenges along the way, and the outcomes that were reached. Additionally, two case studies will share examples of alternative or additional forms of community engagement, from Philadelphia and Atlanta. The presentations will share ideas and best practices for both developers and community group leaders navigating the CBA and community engagement process.
- Jamie Gauthier, Councilmember, 3rd District
- David Ross, Partner, Argo Property Group
- South of South Neighbors Association
- Moderator: Dr. Akira Drake-Rodriguez, Assistant Professor, University of Pennsylvania School of Design
- Maria Sourbeer, VP of Development, Shift Capital
Case Study: Principles for Community Engagement
- Tyrone Rachal, Chairman of the Board, Decide DeKalb Development Authority
Mr. Rachal is President of Urban Key Capital Partners which is a mission-driven, specialty finance advisory services platform with expertise in providing a range of financial service to highly-impactful real estate development projects in distressed communities and development authorities. Mr. Rachal is also a Principal of Red Rock Global and President of Red Rock Global Capital Partners where he has specific responsibility for directing all financial advisory services and private placement activity. Prior to forming Urban Key Capital Partners and re-joining Red Rock Global, Mr. Rachal was Managing Director of Redevelopment at Invest Atlanta. He had specific responsibility for managing, marketing and overseeing the City of Atlanta’s tax allocation district program and served as director for commercial, retail and mixed-use projects applying for tax increment finance funding. Mr. Rachal also created and had the responsibility of directing Invest Atlanta’s controlling entity interest as President of Atlanta Emerging Markets, Inc., a New Markets Tax Credit (NMTC) program Certified Community Development Entity (CDE) and multi-round allocatee (over $200 million). Due to this specialized track record, Mr. Rachal recently launched Urban Key CDE to compete for NMTC allocation from the Department of Treasury Community Development Financial Institutions Fund. Mr. Rachal joined Invest Atlanta from Red Rock Global, which is an Atlanta-based real estate advisory services and commercial brokerage company he co-founded in 2001. Prior to that, Mr. Rachal served with the Private Equity Group of Merrill Lynch & Co. in New York where he had the responsibility of advising financial sponsors in the private placement of over $7 billion of limited partnership interests to institutional investors. He also served within the Mergers & Acquisitions Group at Merrill Lynch & Co. in New York where he provided advisory assistance to Fortune 500 companies and financial sponsors in over $5 billion of both acquisitions and divestitures. Mr. Rachal is a graduate of Dartmouth College with degrees in Economics and Government, as well as the University of Chicago Law School and Booth School of Business, where he received his Juris Doctor and Master of Business Administration degrees, respectively. Mr. Rachal currently serves as an advisory board member of ULI Atlanta, past Chair of the Public-Private Partnership Council of the Urban Land Institute and was a participant in ULI Atlanta’s Inaugural Center for Leadership. Mr. Rachal proudly serves on the boards of directors of Southface Institute, CaringWorks, Sadie G. Mays Health and Rehabilitation Center and Ebenezer Baptist Church. He has also chaired the boards of directors of the Development Authority of DeKalb County (Decide DeKalb), the DeKalb Private Hospital Authority and the Residential Care Facilities for the Elderly Authority. In addition, Mr. Rachal is a graduate of the 2012 Class of Leadership Atlanta, the 2013 Class of Leadership Georgia and the 2013 Atlanta Regional Commission Leadership Institute.