Community Benefit Funding
Pathways for communities and corporations to co-invest, co-develop, and co-own assets and enterprises
Community Benefit Funding
What it is
This program supports corporations, developers, infrastructure providers, and communities to design community benefit funding approaches that create long-term impact and legacy outcomes. Rather than focusing only on short-term grants or one-off funding, the program helps develop approaches that strengthen local economic participation, resilience, prosperity, and community wellbeing over time.
The program supports communities and corporations to work together to design funding models, governance structures, and investment approaches that align local priorities with long-term regional outcomes.
Why it matters
Across Australia, increasing levels of development and infrastructure investment are generating significant community benefit funding opportunities. However, many benefit programs remain transactional, short-term, or disconnected from broader community and economic development goals.
More strategic approaches can help ensure these resources contribute to lasting local value — supporting stronger local economies, greater community participation, improved resilience, and enduring community assets and opportunities.
Community benefit funding can play an important role in helping communities not only manage the impacts of development, but also build long-term prosperity and capability for future generations.
What’s involved
Understanding the spectrum of community benefit funding approaches — from traditional grant programs through to legacy and investment-based models
Exploring structures and strategies that create longer-term community and economic outcomes
Facilitating collaboration between corporations, developers, and communities to shape shared approaches
Designing community benefit funds, governance models, and funding frameworks aligned to local priorities
Supporting the development of investment, ownership, and participation pathways where appropriate
Providing practical tools, case studies, facilitation, and strategic advice to support implementation
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