Value Capture Techniques in Transportation PDF Download
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Author:
Publisher:
ISBN:
Category : Federal aid to transportation
Languages : en
Pages : 140
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Book Description
Author:
Publisher:
ISBN:
Category : Federal aid to transportation
Languages : en
Pages : 140
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Book Description
Author: Gregory K. Ingram
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442276
Category : Business & Economics
Languages : en
Pages : 465
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Book Description
"Attention to value capture as a source of public revenue has been increasing in the United States and internationally as some governments experience declines in revenue from traditional sources and others face rapid urban population growth and require large investments in public infrastructure. Privately funded improvements by land-owners can increase the value of their land and property. Public actions, such as investments in infrastructure, the provision of public services, and planning and land use regulation, can also affect the value of land and property. Value capture is a means to realize as public revenue some portion of that increase in value through various revenue-raising instruments. This book, based on the Lincoln Institute of Land Policy's sixth annual land policy conference in May 2011, examines the concept of value capture, its forms, and applications. The first section, on the conceptual framework and history of value capture, reviews its relationship to compensation for partial takings; the long history of value capture policies in Britain and France; and the remarkable expansion of tax increment financing in California. The second section reviews the application of particular instruments of value capture, including the conversion of rural to urban land in China, town planning schemes in India, and community benefit agreements. The third section focuses on ends instead of means and examines the use of value capture by community land trusts to provide affordable housing, the use of land development to finance transit, and the use of various fees to fund airports. The final section explores potential extensions of value capture mechanisms to tax-exempt nonprofits and to the management of state trust lands in the United States."--Publisher's website.
Author: Cathy Macharis
Publisher: Edward Elgar Publishing
ISBN: 178811180X
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
Multi-Actor Multi-Criteria Analysis (MAMCA) developed by Professor Cathy Macharis enables decision-makers within the sectors of transport, mobility and logistics to account for conflicting stakeholder interests. This book draws on 15 years of research and application during which MAMCA has been deployed to support sustainable decisions within the transport and mobility sectors.
Author: Hiroaki Suzuki
Publisher: World Bank Publications
ISBN: 1464801509
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
This book provides cities with strategies and methodologies for applying land value capture financing schemes for capital-intensive transit and transit-related investments, based on the successful experiences of Mass Transit Railway Corporation in Hong Kong SAR, China, and Japanese railway companies in Tokyo metropolitan areas.
Author: Martim Oscar Smolka
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442849
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
The report examines a variety of specific instruments and applications in municipalities throughout the region under three categories: property taxation and betterment contributions; exactions and other direct negotiations for charges for building rights or the transfer of development rights; and large-scale approaches such as development of public land through privatization or acquisition, land readjustment, and public auctions of bonds for purchasing building rights. It concludes with a summary of lessons learned and recommends steps that can be taken in three spheres: Learn from Implementation Experiences Increase Knowledge about Theory and Practice Promote Greater Public Understanding and Participation
Author: Gladstone Associates
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 404
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Book Description
Author:
Publisher:
ISBN:
Category : Impact fees
Languages : en
Pages : 382
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Book Description
Author: María Eugenia Rivas
Publisher: Inter-American Development Bank
ISBN:
Category : Transportation
Languages : en
Pages : 50
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Book Description
Policy innovations are needed to break the vicious cycle in urban transport in LAC. The ultimate objective should be reliable, efficient, high-quality, and sustainable urban transport. The study describes urban transport policies implemented in the region, highlighting tangible impacts whenever possible, and opportunities to improve urban transport policy. A two-pronged approach is suggested, based on (i) service-oriented policies in addition to the more common asset-oriented policies; and (ii) integrated policies that address public and private transport simultaneously, incorporating dimensions such as congestion pricing and land-use management.
Author: Shishir Mathur
Publisher: Routledge
ISBN: 1317116437
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
With all levels of governments currently, and for the foreseeable future, 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; all of which are used to fund transit in the United States. Through the study of prominent examples of these VC mechanisms from across the US, 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. Although the book focuses on the US, the use of the VC mechanisms and the urgent need for additional revenue to fund public transportation are world-wide concerns. Therefore, an overview of the VC mechanisms in use internationally is also provided.
Author: Demetrio Muñoz Gielen
Publisher: Routledge
ISBN: 1351129147
Category : Architecture
Languages : en
Pages : 258
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Book Description
Traditionally, the public sector has been responsible for the provision of all public goods necessary to support sustainable urban development, including public infrastructure such as roads, parks, social facilities, climate mitigation and adaptation, and affordable housing. With the shift in recent years towards public infrastructure being financed by private stakeholders, the demand for transparent guidance to ensure accountability for the responsibilities held by developers has risen. Within planning practice and urban development, the shift towards private financing of public infrastructure has translated into new tools being implemented to provide joint responsibility for upholding requirements. Developer obligations are contributions made by property developers and landowners towards public infrastructure in exchange for decisions on land-use regulations which increase the economic value of their land. This book presents insight into the design and practical results of these obligations in different countries and their effects on municipal financial health, demonstrating the increasing importance of efficient bargaining processes and the institutional design of developer obligations in modern urban planning. Primarily written for academics in land-use planning, real estate, urban development, law, and economics, it will additionally be useful to policy makers and practitioners pursuing the improvement of public infrastructure financing.
