Public Value Capture of Increasing Property Values across Europe

Public Value Capture of Increasing Property Values across Europe PDF

Author: Jean-Marie Halleux

Publisher: vdf Hochschulverlag AG

Published: 2022-11-18

Total Pages: 288

ISBN-13: 3728141461

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Land Value Capture, Value Increase, Capital Gain, Land-Use Planning, Taxation, Development, Investment Public value capture is an essential phenomenon to improve the refinancing of public infrastructure and secure the necessary budget for other important duties like education, health and social care. For this reason, smart tools are needed for a successful implementation. This book provides an overview and discussion of instruments and practices in 29 European countries.

Value Capture and Land Policies

Value Capture and Land Policies PDF

Author: Gregory K. Ingram

Publisher: Lincoln Inst of Land Policy

Published: 2012

Total Pages: 465

ISBN-13: 9781558442276

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"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.

Capturing Value Increase in Urban Redevelopment

Capturing Value Increase in Urban Redevelopment PDF

Author: Demetrio Muñoz Gielen

Publisher: Sidestone Press

Published: 2010

Total Pages: 508

ISBN-13: 9088900590

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Everyone would agree that urban development, especially when involving the building of residential areas, should be accompanied by sufficient and good public infrastructure and facilities. We all want neighbourhoods with the necessary roads, green areas, social facilities, affordable housing and public spaces of high quality. At the same time, nowadays, governments are facing severe cuts in public expenditure. So who is going to pay for all that quality? In the Netherlands and in many other countries, achieving these public goals has become a problem, especially in the regeneration of deteriorated inner-city sites. This book offers insight in how the economic value increase that arises from urban development can serve to finance the quality we want, without the need for public subsidies. The findings and recommendations made in this book focus on Western Europe, mainly on successful and alternatively less successful recent experiences in Spain, England and the Netherlands. Public bodies can use the recommendations to create the necessary conditions to improve the involvement of property developers and landowners in the financing of infrastructure and facilities. Property developers and landowners can find formulas for private-public partnership that can lead to lower development costs and risks, allowing them to pay for good infrastructure and facilities while maintaining profitability. Scholars will find here the theoretical backgrounds for this relevant topic. The author has both an academic and a professional background in the practice of urban development.

Spatial Planning Systems in Central and Eastern European Countries

Spatial Planning Systems in Central and Eastern European Countries PDF

Author: Maciej J. Nowak

Publisher: Springer Nature

Published: 2023-10-24

Total Pages: 112

ISBN-13: 303142722X

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This book presents concise summaries of cutting-edge research and practical applications across the fields of physical, environmental, and human geography. It publishes compact refereed monographs under the editorial supervision of an international advisory board with the aim to publish 8 to 12 weeks after acceptance. Volumes are compact, 50 to 125 pages, with a clear focus. The series covers a range of content from professional to academic such as timely reports of state-of-the art analytical techniques, bridges between new research results, snapshots of hot and/or emerging topics, elaborated thesis, literature reviews, and in-depth case studies. The scope of the series spans the entire field of geography, with a view to significantly advance research. The character of the series is international and multidisciplinary and includes research areas such as GIS/cartography, remote sensing, geographical education, geospatial analysis, techniques and modeling, landscape/regional and urban planning, economic geography, housing and the built environment, and quantitative geography. Volumes in this series may analyze past, present, and/or future trends, as well as their determinants and consequences. Both solicited and unsolicited manuscripts are considered for publication in this series. This book is of interest to a wide range of individuals with interests in physical, environmental, and human geography as well as for researchers from allied disciplines.

OECD Regional Development Studies Global Compendium of Land Value Capture Policies

OECD Regional Development Studies Global Compendium of Land Value Capture Policies PDF

Author: OECD

Publisher: OECD Publishing

Published: 2022-06-21

Total Pages: 253

ISBN-13: 9264690883

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The Global Compendium of Land Value Capture, a joint project by the OECD and the Lincoln Institute of Land Policy, is an ambitious undertaking to understand the full landscape of land value capture (LVC) instruments, how they are configured and deployed across the globe in OECD and Non-OECD countries, and what it would take to unleash their full potential as a sustainable revenue source.

Opportunities and Constraints of Land Management in Local and Regional Development

Opportunities and Constraints of Land Management in Local and Regional Development PDF

Author: Erwin Hepperle

Publisher: vdf Hochschulverlag AG

Published: 2018-09-17

Total Pages: 272

ISBN-13: 3728139270

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Land Management is normally embedded in a complex legal context, which frequently consists of contradictory objectives, such as: strengthening of rural areas, satisfying the need for affordable living and commercial space, protecting environment and health, supporting transport infrastructure development, and preserving the landscape. Land management can be understood as a process that comprises coordination of such activities while managing the use and the development of land resources. It can be counstrained by the land use specifications resulting from spatial planning process. Along with this, the legal framework often contains generally formulated concepts and open standards, which provide a range of opportunities for realization while balancing the different interests. In this process it is important if and how both constraints and opportunities are recognised by the actors. In this volume this topic is examined from various aspects: first the problems in promoting mutual understanding between researchers and the general public, but also among scientists of different disciplines; second the success requirements of land management instruments as well as unfortunate experience caused by land use changes; third covering land management costs by absorbing value increase and other trade off aspects; and fourth supporting land management by providing geodata with low-cost methods.

Sustainable and Equitable Land Management

Sustainable and Equitable Land Management PDF

Author: Vida Maliene

Publisher: vdf Hochschulverlag AG

Published: 2024-01-23

Total Pages: 241

ISBN-13: 3728141712

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Spatial Planning, Land Use Planning, Land Management Instruments, Urban Land Management, Urban Planning, Cadastral Development, Sustainable Mobility Transition, Public Value Capture, Geoinformatics This new volume of European Academy of Land Use and Development (EALD) contains broad view and interdisciplinary peer reviewed articles that inform the reader of most recent scientific investigations in Land Management. The spectrum of contributions cover: regulations, governance and implementation of land management along with assessment of relevant data. Some of the key highlights include various scientific and practical approaches, applied methods and systems together with a discussion and understanding of the government’s role in various European countries. Committed to sustainability, the articles entailed give evidence to Europe as an experimental ground for land management issues as well as allows for collaboration in pursuit of best practices.

Implementing Value Capture in Latin America

Implementing Value Capture in Latin America PDF

Author: Martim Oscar Smolka

Publisher: Lincoln Inst of Land Policy

Published: 2013

Total Pages: 68

ISBN-13: 9781558442849

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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

Financing Transit-Oriented Development with Land Values

Financing Transit-Oriented Development with Land Values PDF

Author: Hiroaki Suzuki

Publisher: World Bank Publications

Published: 2015-01-15

Total Pages: 267

ISBN-13: 1464801509

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This book provides cities with strategies and methodologies for applying land value capture financing schemes for capital-intensive transit and transit-related investments, based on the successful experiences of Mass Transit Railway Corporation in Hong Kong SAR, China, and Japanese railway companies in Tokyo metropolitan areas.

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