Practicing What We…Research: How to Apply CMFs in Road Safety Audits, Consider CAVs/Technology, and Understand Recent Federal Research

Join transportation engineers, designers, and planners from across the country to learn about recent updates to the Federal Highway Administration (FHWA) Crash Modification Factors (CMF) Clearinghouse, and how CMFs are being applied in Road Safety Audits (RSA) and determining the impacts of CAV Technology. Presenters: Matt Hinshaw, FHWA, and Taha Saleem, with the University of […]

Leveraging Value Capture with Federal Innovative Finance Programs

Utilize Value Capture Strategies to Leverage Federal Dollars and Stimulate non-Federal Investments. Value capture refers to a toolbox of strategies used by public agencies to recover a portion of the value generated by public infrastructure investments. Investment in public infrastructure like transportation increase property values, attract private investments, create jobs, and build strong communities. Using […]

Value Capture Strategies as Economic Development Tools: Tapping Value Capture Strategies to Improve Aging Infrastructure and Spur Economic Development

With the interstate highway system in its seventh decade, it is nearing the end of its useful service life with deteriorated condition and required modernization. Crumbling viaducts and other unsafe conditions call for costly emergency maintenance and an urgent fix. But rebuilding is complicated by rising construction costs, higher engineering and safety standards, scant funding, […]

Value Capture Strategies: Innovative Finance and Project Bundling

States and local governments are challenged to address their aging infrastructure with limited resources. Evaluating the effectiveness of existing revenue sources, taking advantage of the most current Federal programs, and exploring the potential of new revenue sources can lead to an increase in available funding. However, finding ways to maximize the spending power of the […]

Value Capture Strategies: Developer Impact Fees and Other Fee-Based Development Charges – The Primer

Developer impact fees (DIFs) are also known as transportation impact fees, mobility fees, multimodal transportation impact fees, or system development charges. A DIF is a one-time fee assessed by local governments on developers to share in new or expanded infrastructure costs to the community that will directly address the increased demand for infrastructure and services […]

Value Capture Strategies: Transportation Reinvestment Zones – The Primer

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 […]

Value Capture Strategies: Incremental Growth Techniques and Case Studies

Tax Increment Finance/Tax Allocation District/Tax Increment Reinvestment Zones Many States use tax increment financing (TIF) to raise value capture revenues for major transportation improvements. Virginia has used special assessment districts called transportation investment districts to fund both rail and highway improvements. Atlanta uses a type of tax allocation district (TAD) and special service area district […]

Value Capture: Capital Improvement Program and Planning Elements

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 that the local government is focusing investments where they will be most productive, and the critical explanation for how local […]

Value Capture Strategies: Special Assessment Districts – The Primer Community Improvement Districts and Transportation

As Federal funding for surface transportation has declined or is diminished, our infrastructure assets have reached the end of their useful lives. Adding to the 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 […]