What is a Public Benefit Corporation?

DADU Homes is a Public Benefit Corporation (PBC), but what does that mean?

 

A PBC is a corporation created with social and public good at the forefront of its mission. Rather than seeking out top-dollar, PBCs balance stakeholders’ interests with the public benefit goal of the company. As such, they typically provide the public with free or subsidized services. In our case, this looks like providing at-cost builds for clients who commit to providing affordable housing with our DADUs. We are a company committed to equitably bettering our community, and a PBC gives us the means to do so.