WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the agency will consider short-term exceptions to the fair market value (FMV) requirement for the temporary use…
Value Capture: Capitalizing on the Value Created by Transportation
Strategies for agencies to recover a portion of public transportation investments that result in increased land values. Public investment in transportation assets that improve access benefits owners of adjacent properties…
Innovation of the Month: Value Capture
When government invests in transportation infrastructure, the improvements gained from the resulting projects enable further development and increase property value for the adjacent property owners. Value Capture is one powerful…