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Innovation in Public Transport Finance : Property Value Capture
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ISBN: 9781409462606 9781409462613 9781472407795 1409462617 1306818508 9781306818506 1409462609 1472407792 9781315588636 9781317116424 9781317116431 9781138250130 1317116445 1317116437 1315588633 Year: 2014 Publisher: Farnham : Ashgate Publishing Ltd,

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Abstract

This book reviews four major Value Capture mechanisms all of which are used to fund transit in the US. Through the study of prominent examples of these VC mechanisms, it evaluates each mechanism's performance focusing on aspects such as equity, revenue-generating potential, the institutional capacity required to design and implement the mechanisms, stakeholder support for these mechanisms, and the legal and policy environment. 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. There

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