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Third Street Promenade
Santa Monica, CA
USA

Angelenos Against Gridlock is an advocate for a world-class transportation system for Los Angeles County, the most populous county in America.

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Paying for Infrastructure: Value Capture and the Use of Private Land » INFRASTRUCTURIST

David Murphy

Gregory K. Ingram, president of the Lincoln Institute, said value capture was very much “in the air,” with a record of international experience, such as the financing of transport systems in Bogota, Tokyo, Hong Kong and elsewhere. As a policy instrument, value capture is less well known in the U.S., although some arrangements come close to the definition – tax increment financing or TIF, for example, or Business Improvement Districts (BIDs), or even the basic concept of a property tax.

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