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Value capture: Difference between revisions
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imported>Jhestia (Created page with " '''Value capture''' is a type of [https://en.wikipedia.org/wiki/Public_financing public financing] that recovers some or all of the value that [https://en...") |
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== Application to proposed California legislation SB 827, Transit Zoning Bill ==
Lisa Schweitzer (2/9/18): <br/> ''"Since we are with BS827 setting up special districts around transit stations anyway, we should set up them up special assessment districts, use the transit-value and up-zone value in land appreciation to derive revenues to put into a fund for: a) rental vouchers; b) school districts with new student need from the new developments and c) transit operations and support."''▼
== ==
Schweitzer, Lisa. "[https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/ What I’d fix about SB827, aka that white paper has sooooooo been written already]." 02/09/2018. <br/> [https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/. https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/. ]
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SOOOOOOoo is there any info on the value capture strategy of which you speak? Yes! Yes there is! It has been bigily studied and described! It’s been implemented I places. It’s been evaluated:
There’s this [http://www.cts.umn.edu/research/featured/value-capture big huge lineup of reports from researchers at the University of Minnesota.]
There’s this discussion [https://www.citylab.com/transportation/2014/06/how-to-make-mass-transit-financially-sustainable-once-and-for-all/372209/ The Man Himself David Levinson writing for CityLab.]
[https://www.apta.com/resources/reportsandpublications/Documents/APTA-Value-Capture-2015.pdf This friendly brief from APTA!]
[http://www.reconnectingamerica.org/resource-center/value-capture/ This friendly informer from the High Speed Rail Advocacy folks.]
This [https://www.sciencedirect.com/science/article/pii/S1877042812027590 nice summary paper from an open access journal.]
This [http://www.trb.org/TCRP/Blurbs/175203.aspx nifty book from the Transportation Research Board (a secret Illuminati organization if there ever was one)]
This [https://www.brookings.edu/wp-content/uploads/2016/06/0428_transportation_funding_levinson_istrate.pdf awesome report from Brookings.]
This cool study on [http://www.mapc.org/wp-content/uploads/2017/09/MAPCValueCaptureExecSumm.pdf TOD Value Capture in Massachusetts.]
This little blurb [http://iff.scag.ca.gov/Pages/ValueCapture.aspx from Smart Growth California folks at SCAG who have a really helpful discussion of tools that may be used in California!]
This [https://www.lincolninst.edu/sites/default/files/pubfiles/special-assessment-california_0.pdf fantastic report from the Lincoln Land Institute.] That has a GREAT submission from Mr. Windfalls for Wipeouts Himself, Dean J. Misczynski, who fist published (brilliantly) about this particular topic in 1978.
From [https://www.fhwa.dot.gov/ipd/value_capture/ FHWA here.]
[https://nextcity.org/daily/entry/new-california-funding-tool-eifd-financing-la-river-makeover We might, for example, just tweak this approach a bit.]
[http://www.draconsultants.com/aff-taxinc.html Some private consultants have been working on this VERY IDEA in affordable housing!]
[https://en.wikipedia.org/wiki/Value_capture OH BOY OH BOY IT’S GOT ITS OWN WIKIPEDIA PAGE!! ](A little light; David L, go fix it. )
[https://www.planetizen.com/news/2018/01/96983-value-capture-takes-prominent-controversial-role-fixing-new-york-subway New York City is eyeballing it.]
And of course, the very [http://www.vtpi.org/smith.pdf nice VTPI Report from Jeffery J. Smith and Thomas A. Gihring, which is a GIGANTICALLY LARGE annotated bibliography].
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References
*Goldman, Michael. "[https://www.theurbanist.org/2017/10/17/affordable-housing-platform-seattle/ An Affordable Housing Platform for Seattle]." ''The Urbanist, ''October 17, 2017.<br/> [https://www.theurbanist.org/2017/10/17/affordable-housing-platform-seattle/ https://www.theurbanist.org/2017/10/17/affordable-housing-platform-seattle/]<br/> ''"3. Capture land capital gains by charging a fee on development so that it scales with the value of the land. Then put those fees into non-profit housing development."''
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*Wikipedia. "[https://en.wikipedia.org/wiki/Value_capture Value capture]." accessed 9 Feb 2018. [https://en.wikipedia.org/wiki/Value_capture. https://en.wikipedia.org/wiki/Value_capture. ] ▼
Schweitzer, Lisa. "[https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/ What I’d fix about SB827, aka that white paper has sooooooo been written already]." 02/09/2018. <br/> [https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/. https://lisaschweitzer.com/2018/02/09/what-id-fix-about-sb827-aka-that-white-paper-has-sooooooo-been-written-already/. ]
▲*Wikipedia. "[https://en.wikipedia.org/wiki/Value_capture Value capture]." accessed 9 Feb 2018. [https://en.wikipedia.org/wiki/Value_capture.
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