HOW CMCBD WORKS FOR THE COMMUNITY
The Central Market Community Benefit District (CMCBD) provides core neighborhood services with its Community Guides and Clean Teams; it also promotes local businesses, encourages economic development and public improvements, as well co-coordinates numerous major events and advocates on behalf of its constituents with respect to a host of public policy, planning, and quality-of-life issues.
The CMCBD Corporation is a 501(c)(3) nonprofit organization led by a staff and Board of Directors, all of whom are property owners or other neighborhood stakeholders from the district. The nonprofit administers CMCBD funds and manages the services provided on behalf of all the property owners and the district it serves.
The CMCBD makes the Central Market neighborhood a safer, more attractive, more desirable place to work, live, shop, own a business and property, by delivering services beyond those the City of San Francisco can provide. Initial funding began in 2007 and a 15-year renewal was approved by voting in 2013.
In 2012, when the City of San Francisco’s Office of Economic and Workforce Development objectively evaluated all the CBDs in the City, it found that Community Benefit Districts:
- Outperformed citywide trends on the majority of studied indicators, including public realm cleanliness, public safety, and economic resiliency.
- Had CBD-maintained streets that were cleaner than similar commercial streets located in the same Supervisorial District. Enjoyed consistent, significant ( – 68%) declines in criminal activity.
- Were insulated from the effects of the 07/09 recessions. While citywide tax revenues declined by 20% in 07/09, CBD district’s sales tax revenues increased +4.8%.