Value Capture Strategies and Infrastructure Bank Programs

Value Capture refers to a toolbox of strategies used by public agencies to share a portion of the economic activities value generated by public infrastructure investment. Value Capture revenues can leverage low interest rate loans from the infrastructure bank and can be used in a wide range of settings (e.g., urban, rural, and suburban) to […]

Value Capture Strategies and Capital Improvement Plan – The Primer

Join FHWA for an upcoming webinar to officially roll out the Value Capture Strategies and Capital Improvement Plan -The Primer. The Capital Improvement Program or Plan (CIP) is the primary means available to local governments for communicating their vision and infrastructure investment strategy to private investors, taxpayers, and the community at large. It constitutes evidence […]

Value Capture Strategies and Project Delivery: Public-Private Partnerships

Value Capture strategies can leverage private investment without dependence on municipal financing including leverage contributions from private investors in economic development and redevelopment to achieve economic, social, environmental benefits, and meet the local objectives. Value Capture strategies used could be special assessments, tax increment financing, and development impact fees, as well as negotiated approaches such […]

Value Capture Strategies: Tax Increment Financing – The Primer

Value Capture Strategy: Tax Increment Financing (TIF), also known as a Tax Allocation District (TAD), Tax Increment Reinvestment Zones (TIRZ), Redevelopment Agency (RDA), or District Improvement Financing (DIF), is a revenue source that allows infrastructure projects to be funded and/or financed without competing against existing projects and programs and without raising taxes. This is accomplished […]

Value Capture Strategies: Transportation Reinvestment Zone – The Primer

Transportation Reinvestment Zones (TRZs) are a funding mechanism first established by the 80th Texas Legislature in 2007 as a Value Capture strategy that capture and leverage the economic growth that results from a transportation project. A TRZ allows a city or county to designate a geographic area around a proposed transportation project and capture the […]

Value Capture Strategies: Developer Impact Fees -The Primer

Value Capture Strategy: Developer Impact Fees (DIF) also known as a Street Impact Fees, Transportation Impact Fees, or System Development Charges, is one-time fee assessed by local government to developers to share of the new or expanded infrastructure costs to the community that will directly address the increased demand for services created by that development. […]

Value Capture Strategies: Special Assessment Districts – The Primer

As the Federal funding for surface transportation has declined or is diminished, our infrastructure assets have reached the end of their useful lives. Adding to complexity is the state and local pressure to fund emerging needs such as “Smart City” initiatives to leverage new technologies and the complete street initiative to ensure safety to all […]

Value Capture Strategies: Risk Assessment – The Primer

Value capture is a set of powerful funding tools that is gaining in popularity to supplement traditional funding sources. Transportation systems are essential in enhancing the productivity and quality of life in the United States. Funding for streets, highways, and transit is provided by the joint efforts of federal, state, and local governments; taxation and […]

Value Capture Strategies: Making the Business and Economic Case —A Primer

The Value Capture Business Case describes how governments set the policy, goals, objectives, and key performance indicators that form the basis of the policy case for a project. These are linked to the business case for a value capture technique through the allocation of costs and risks. This chapter explains how policy makers at the […]