FCA US LLC will have to wait a few more days before it finds out whether it will get a series of key city approvals on land swaps and community benefits agreements from Detroit's elected and appointed leadership.

The Auburn Hills-based automaker is weighing what it and the city say is a $2.5 billion investment that is expected to bring nearly 5,000 new jobs to Detroit, an effort that involves a complex series of real estate transactions, taxpayer incentives and community benefits.

The city Economic Development Corp. board unanimously voted Thursday morning to table until May 14 a decision on whether to swap some of a 116.6-acre package of publicly owned land for the 82.2-acre Budd Plant property owned by the Moroun family's Warren-based real estate company Crown Enterprises Inc.

Also Thursday, City Council's Planning and Economic Development Committee deferred votes by a week on the Fiat Chrysler deal. That means May 16, ahead of a potential May 21 full council approval vote, it would allow more public hearing time and consider items on the deal's community benefits provision, land swaps arranged to give FCA the land it needs to make its investment, industrial facilities tax abatements and steps needed to sell a parking garage whose proceeds would help fund the city's land deals.

Detroit is on a tight timeline to get this deal done. F. Thomas Lewand, Mayor Mike Duggan's group executive for jobs and economic growth, said Thursday that it will "greatly impact" the FCA project's construction and hiring schedule if the negotiated agreement doesn't pass City Council by its May 21 meeting.