Land Banking
One way to acquire large tracts to be held for relatively long periods of time to better control the use of the land, to prevent speculation, and through their ultimate sale or lease to capture [...]
Land Readjustment
It is an instrument to promote the development of large areas. The value capture logic is based on in-kind (usually land) contributions by all landowners in the area to an entity that in turn [...]
Public Land Leasing
Public Land Leasing is an important tool in managing urban growth as well as in raising public funds. The government stipulates the restrictions on uses, height, plot ratio, and building design [...]
Inclusionary Housing
Refers to a land use planning tool, program, regulation, or law that requires or provides incentives to private developers to create affordable housing and foster social inclusion. In terms of [...]
Sale of development rights
This is based on the idea that the new development potential for different types of uses or additional development rights, created by rezoning and public investments in well defined areas should [...]
Special Assessment
It is a charge or levy on land-value gain caused by public works. The levy is generally in the form of an annual charge (like a property tax rate) against the increment in land values caused by a [...]
Betterment Levies
It is a one-time, up-front charge on land-value gain caused by public works (e.g., transport system improvements). They are imposed to help pay for part or all the capital cost of infrastructure [...]
Developer impact fees/ charges or negotiated developer contributions
These are different terms used but refer to the same basic type of land value capture tool. They are once-off fee payments imposed by a local authority on a new or proposed development project to [...]
Developer Exactions
Levy or contribution’ in which additional land value derived from public land use regulatory changes (e.g., rezoning from agriculture to residential) is extracted from the property owners that [...]