Value capture: Difference between revisions

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== Application to proposed California legislation SB 827, Transit Zoning Bill  ==
 
==   ==
 
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]."&nbsp; 02/09/2018.&nbsp;<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/.&nbsp;]
<blockquote>"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." &nbsp; 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:&nbsp; There’s this&nbsp;[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&nbsp;[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&nbsp;[https://www.sciencedirect.com/science/article/pii/S1877042812027590 nice summary paper from an open access journal.] This&nbsp;[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&nbsp;[https://www.brookings.edu/wp-content/uploads/2016/06/0428_transportation_funding_levinson_istrate.pdf awesome report from Brookings.] This cool study on&nbsp;[http://www.mapc.org/wp-content/uploads/2017/09/MAPCValueCaptureExecSumm.pdf TOD Value Capture in Massachusetts.] This little blurb&nbsp;[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&nbsp;[https://www.lincolninst.edu/sites/default/files/pubfiles/special-assessment-california_0.pdf fantastic report from the Lincoln Land Institute.]&nbsp;That has a GREAT submission from Mr.&nbsp;Windfalls for Wipeouts&nbsp;Himself,&nbsp;Dean J. Misczynski, who fist published (brilliantly) about this particular topic in 1978. From&nbsp;[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!!&nbsp;](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&nbsp;[http://www.vtpi.org/smith.pdf nice VTPI Report from Jeffery J. Smith and Thomas A. Gihring, which is a GIGANTICALLY LARGE annotated bibliography].</blockquote>
<blockquote>
"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."
 
&nbsp;
 
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:&nbsp;
 
There’s this&nbsp;[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&nbsp;[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&nbsp;[https://www.sciencedirect.com/science/article/pii/S1877042812027590 nice summary paper from an open access journal.]
 
This&nbsp;[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&nbsp;[https://www.brookings.edu/wp-content/uploads/2016/06/0428_transportation_funding_levinson_istrate.pdf awesome report from Brookings.]
 
This cool study on&nbsp;[http://www.mapc.org/wp-content/uploads/2017/09/MAPCValueCaptureExecSumm.pdf TOD Value Capture in Massachusetts.]
 
This little blurb&nbsp;[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&nbsp;[https://www.lincolninst.edu/sites/default/files/pubfiles/special-assessment-california_0.pdf fantastic report from the Lincoln Land Institute.]&nbsp;That has a GREAT submission from Mr.&nbsp;Windfalls for Wipeouts&nbsp;Himself,&nbsp;Dean J. Misczynski, who fist published (brilliantly) about this particular topic in 1978.
 
From&nbsp;[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!!&nbsp;](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&nbsp;[http://www.vtpi.org/smith.pdf nice VTPI Report from Jeffery J. Smith and Thomas A. Gihring, which is a GIGANTICALLY LARGE annotated bibliography].
</blockquote>
&nbsp;
 
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*Goldman, Michael. "[https://www.theurbanist.org/2017/10/17/affordable-housing-platform-seattle/ An Affordable Housing Platform for Seattle]." ''The Urbanist,&nbsp;''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.&nbsp;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."''
== *&nbsp; ==
*
 
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]."&nbsp; 02/09/2018.&nbsp;<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/.&nbsp;]
 
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