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Value Capture Strategies: Transportation Reinvestment Zones – The Primer
April 26 @ 1:00 pm - 3:00 pm
Learn about Transportation Reinvestment Zones (TRZs) and how they help communities throughout the country narrow the existing funding gap while accelerating the delivery of critically needed transportation projects.
Transportation Reinvestment Zones (“TRZs”) are an innovative and powerful Value Capture Technique to generate funding for transportation projects by capturing and leveraging the economic growth associated with transportation infrastructure investments. A TRZ allows a city or county to designate a geographic area around a proposed transportation project and capture the incremental property tax and sales tax revenues generated in the area for use in funding the development of that project.
Since the demand for transportation infrastructure has far outpaced the resources of Federal, State and local governments, FHWA developed and rolls out the Transportation Reinvestment Zones – The Primer is designed to provide information to State and local authorities looking for new and innovative funding sources to help pay urban, suburban, and rural transportation improvements as well as spur economic development and redevelopment. Do you know which economic development tools are available to fund transportation infrastructure projects to attract new development or retain businesses to your community? Do you need infrastructure to accommodate your communities’ anticipated growth or assistance in implementing Incremental Growth Techniques? Come to the Value Capture Strategies webinar on April 26th, 2023 from 1:00-3:00pm ET to learn how TRZ can help your State and local authorities to fund transportation infrastructure needs.
The webinar features experts discussing real life case studies and their experiences of TRZs to generate revenue, accelerate project delivery, create jobs, and economic growth. Participants can engage and interact directly as well as freely exchange knowledge and know-how with the experts.
Lean more about TRZs and if it might be a useful tool for your agency. Join us for this webinar on April 26 at 1:00 pm ET.
TARGET AUDIENCE: This webinar series is intended for States, cities, counties, tribes, and metropolitan and rural transportation professionals looking for innovative funding and financial strategies to pay for transportation projects. Anyone involved in development or administration of the Value Capture Program Elements is welcomed.
This training is not being hosted by the Florida LTAP Center. For details about this training, please contact the event organizer directly.