Innovation in Public Transport Finance: Property Value Capture

Title

Innovation in Public Transport Finance: Property Value Capture

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Description

With all levels of governments under significant fiscal stress, any new transit funding mechanism is to be welcomed. Value capture (VC) is one such mechanism, which involves the identification and capture of a public infrastructure-led increase in property value. This book reviews four major VC mechanisms: joint development projects; special assessment districts; impact fees; and tax increment financing. Through the study of prominent examples of these VC mechanisms from across the US and around the world, this book evaluates their performance focusing on aspects such as equity, revenue-generating potential, stakeholder support, and the legal and policy environment. It also conducts a comparative assessment of VC mechanisms to help policy makers and practitioners to choose one, or a combination of VC mechanisms. Department of Urban and Regional Planning

ISBN

978-1-4094-6260-6

Publication Date

5-1-2014

Publisher

Ashgate Publishing

City

Ashgate, U.K.

Disciplines

Transportation | Urban, Community and Regional Planning | Urban Studies

SelectedWorks Profiles

Shishir Mathur

Innovation in Public Transport Finance: Property Value Capture

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