Value capture strategies rely on increases in property values, business activity, and economic growth resulted from transportation infrastructure investment to help fund current or future transportation improvements. This Primer provides an overview on how economic shock, such as those experienced during the global financial crisis of 2007-2009 and those caused by the COVID-19 pandemic of 2020-2021, can affect value capture funding sources for transportation and other infrastructure and how to mitigate those economic shocks. Although no two economic shocks are the same, the Primer illustrates through real-world cases the various ways that economic shocks can affect value capture funding and be mitigated. While there is uncertainty on the full extent of pandemic’s impact on real estate and value capture, the experience in the last two years provides useful data in planning for similar shocks when utilizing value capture techniques. The Primer also walks through various tools project planners can use to build more economic resilience into their value capture-funded projects. The economic shocks-induced revaluation of urban real estate. Some important questions for accounting and finance professionals tasked with providing thoughtful and well-supported valuations to stakeholders on a current basis, among them:

• How does the market view the impacts of economic shock on real estate values?
• How should cash flow assumptions be changed to reflect the short- and long-term impact of the pandemic on individual property as well as on the macroeconomy?
• How should property-level discount rates and terminal capitalization rates be impacted? Or should they be changed at all?
• How impact and change in cash flow assumptions, property-level discount rates and terminal capitalization rates?

The webinar features the experts who will walk participants through various tools your agency can use to build more economic resilience into their value capture-funded projects. Its primary goal is to help sponsors of value-capture-funded projects to understand what the presence of economic shocks could mean for their projects and what tools they can use to mitigate these impacts. Come to the Value Capture Webinar on December 6th, 2023 from 1:00-3:00pm ET to learn from experts.

There is no cost to participate, but space is limited.

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This training is not being hosted by the Florida LTAP Center. For details about this training, please contact the event organizer directly.