capture value: overview » introduction
Well-designed and balanced value-capture mechanisms help to ensure that all community members benefit from local development, including both long-time residents and developers
interested in capitalizing on new growth opportunities.

Click on the links below to learn more about steps that state and local governments can take to capture a portion of the value of market-rate development to support affordable housing near transit:

Adopt an inclusionary housing policy
Many communities use inclusionary housing policies to create mixed-income developments and neighborhoods near transit and other amenities.

Create tax-increment financing districts
TIF districts around new and redeveloping transit stations can help to cover the cost of necessary infrastructure and may include affordable housing set-asides.

Assess linkage feeson non-residential development
Linkage fees help to ensure that the supply of new affordable keeps up with job growth and economic development.