Value Capture and Land Policies

Value Capture and Land Policies PDF 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.

Value Capture and Land Policies

Value Capture and Land Policies PDF Author: Gregory K. Ingram
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442276
Category : Business & Economics
Languages : en
Pages : 465

Get Book

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.

Instruments of Land Policy

Instruments of Land Policy PDF Author: Jean-David Gerber
Publisher: Routledge
ISBN: 1315511630
Category : Architecture
Languages : en
Pages : 354

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Book Description
In dealing with scarce land, planners often need to interact with, and sometimes confront, property right-holders to address complex property rights situations. To reinforce their position in situations of rivalrous land uses, planners can strategically use and combine different policy instruments in addition to standard land use plans. Effectively steering spatial development requires a keen understanding of these instruments of land policy. This book not only presents how such instruments function, it additionally examines how public authorities strategically manage the scarcity of land, either increasing or decreasing it, to promote a more sparing use of resources. It presents 13 instruments of land policy in specific national contexts and discusses them from the perspectives of other countries. Through the use of concrete examples, the book reveals how instruments of land policy are used strategically in different policy contexts.

Implementing Value Capture in Latin America

Implementing Value Capture in Latin America PDF 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

Policy Instruments for Environmental and Natural Resource Management

Policy Instruments for Environmental and Natural Resource Management PDF Author: Thomas Professor Sterner
Publisher: Routledge
ISBN: 1136522344
Category : Nature
Languages : en
Pages : 530

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Book Description
As Thomas Sterner points out, the economic 'toolkit' for dealing with environmental problems has become formidable. It includes taxes, charges, permits, deposit-refund systems, labeling, and other information disclosure mechanisms. Though not all these devices are widely used, empirical application has started within some sectors, and we are beginning to see the first systematic efforts at an advanced policy design that takes due account of market-based incentives. Sterner‘s book encourages more widespread and careful use of economic policy instruments. Intended primarily for application in developing and transitional countries, the book compares the accumulated experiences of the use of economic policy instruments in the U.S. and Europe, as well as in select rich and poor countries in Asia, Africa, and Latin America. Ambitious in scope, the book discusses the design of instruments that can be employed in a wide range of contexts, including transportation, industrial pollution, water pricing, waste, fisheries, forests, and agriculture. Policy Instruments for Environmental and Natural Resource Management is deeply rooted in economics but also informed by perspectives drawn from political, legal, ecological, and psychological research. Sterner notes that, in addition to meeting requirements for efficiency, the selection and design of policy instruments must satisfy criteria involving equity and political acceptability. He is careful to distinguish between the well-designed plans of policymakers and the resulting behavior of society. A copublication of Resources for the Future, the World Bank, and the Swedish International Development Cooperation Agency (Sida).

Municipal Revenues and Land Policies

Municipal Revenues and Land Policies PDF Author: Gregory K. Ingram
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442085
Category : Political Science
Languages : en
Pages : 535

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Book Description
"Proceedings of the 2009 Land Policy Conference."--Cover.

Reforming Urban Land Policies and Institutions in Developing Countries

Reforming Urban Land Policies and Institutions in Developing Countries PDF Author: Catherine Farvacque
Publisher: World Bank Publications
ISBN: 9780821320921
Category : Business & Economics
Languages : en
Pages : 138

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Book Description
This paper attempts to define and assess the various institutional and mechanical elements which constitute a land management system and which have a significant impact on the functioning of land markets. The assumption of this report is that the accumulation over time of different institutions and instruments, which have relfected different priorities and policies, has inhibited the efficient and equitalbe operation of land markets and that reforms of institutions and policies are now urgently needed. (Adapté du résumé des auteurs).

The Governance of Land Use in OECD Countries Policy Analysis and Recommendations

The Governance of Land Use in OECD Countries Policy Analysis and Recommendations PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926426860X
Category :
Languages : en
Pages : 208

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Book Description
Land use has important consequences for the environment, public health, economic productivity, inequality and social segregation. Land use policies are often complex and require co-ordination across all levels of government as well as across policy sectors. Not surprisingly, land use decisions ...

Social Urbanism in Latin America

Social Urbanism in Latin America PDF Author: Carlos Leite
Publisher: Springer Nature
ISBN: 3030160122
Category : Science
Languages : en
Pages : 188

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Book Description
This book highlights current concepts of Social Urbanism, the contemporary set of multiple and interdisciplinary urban studies that have emerged mainly from the complex realities of Latin American cities. The discussion that follows places special emphasis on public land policy and the innovative urban instruments developed in that region to promote social and territorial inclusion. Critical reflections throughout the pages of this book shed light into the local context of each case-study in order to understand their specific set of challenges and opportunities. Relevant lessons are extracted from the three cities here analyzed, the medium-scale city of Medellin, the large-scale city of Bogota, and the megacity of Sao Paulo, as well as from local innovative experiences in Argentina and Uruguay. These cities underwent promising transformation processes over two decades, applying planning and financing instruments of land policy which have produced significant shifts in the urban development paradigm in the region. The quest for social inclusion has emerged as the common denominator in these cities, awakening growing interest across several fields of urban studies, from public policies and city management to urban law, city financing, urban development, and innovative community participation processes. The book brings implications on urban land policy for transition cities in the Global South. The question of social inclusion in Global South cities is however far from being solved; the analysis presented in this book shows advances and hope, besides a long path still ahead, which can only be faced through a continuous and challenging incremental process. May this book be an incremental step.

Land Policies in India

Land Policies in India PDF Author: Sony Pellissery
Publisher: Springer
ISBN: 981104208X
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
This book examines how property rights are linked to socio-economic progress and development. It also provides a theoretical analysis, an economic/social analysis of planning, case studies of the implementation of planning and regulation instruments, practices related to law and planning, analysis of case laws in a particular segment. The interconnection between property, law and planning is a running theme throughout the book. The land question has been central to South Asian development on two counts: First, although the majority of the population relies on agriculture and allied activities their livelihood, landholding is highly skewed; second, urban planning is facing unprecedented challenges due to bourgeoning property values as well as gush of migrants to cities seeking livelihood. The response to these challenges in the form of laws and policies has been very large compared to the academic attention that is received. However, the measures emerging from planning and policies have had limited impact on the extent of the problems. This paradox calls for serious introspection and academic engagement that this book undertakes. The book further deals with the emerging discipline of planning law, which determines property value and use, and argues that regulatory issues of public policy determine the property valuation and property pricing.

Analyzing Land Readjustment

Analyzing Land Readjustment PDF Author: Yu-hung Hong
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
In this book, the authors argue for instigated property exchange--a concept applied in a land-assembly method commonly known in the literature as land readjustment.