A decision-support framework for using value capture to fund public transit : lessons from project-specific analyses [research brief].
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2012-05-01
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Edition:Research brief.
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Abstract:Fiscal belt-tightening at all levels of government has lent urgency to identifying alternate sources of funding for public transportation. Value capture (VC) is one such source. Based on the “benefits received” principle, VC captures public infrastructure-led increases in land value.
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