Value capture: Difference between revisions

[[File:Everybody-works-but-the-vacant-lot.jpg|thumb|right|600px|Everybody-works-but-the-vacant-lot.jpg]] '''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.wikipedia.org/wiki/Public_infrastructure public infrastructure] such as transit generates for private landowners. The concept may also be applied more generally to methods of capturing the value gain that result from [[Upzoning|upzoning]] or any change in the environment that is not attributed to actions of the landowner -- this is also called [[Land_value_tax|Land value tax]].__TOC__

Dawid, Irvin. "[https://www.planetizen.com/news/2018/01/96983-value-capture-takes-prominent-controversial-role-fixing-new-york-subway Value Capture Takes Prominent but Controversial Role in Fixing New York Subway]."&nbsp;''Planetizen,&nbsp;''January 31, 2018.<br/> &nbsp; &nbsp;"Value capture, collecting tax increment from subway adjacent properties to help provide money needed to repair the 114-year old subway system, is proposed by New York Gov. Andrew Cuomo and opposed by the New York City Mayor Bill de Blasio."<br/> [https://www.planetizen.com/news/2018/01/96983-value-capture-takes-prominent-controversial-role-fixing-new-york-subway.  https://www.planetizen.com/news/2018/01/96983-value-capture-takes-prominent-controversial-role-fixing-new-york-subway.&nbsp;]