Intro; Contents; Executive Summary; Chapter 1: Latin American Urbanization and the Case for Value Capture; Unearned Income from Publicly Promoted Urbanization; Multiplier Effects of Land Use Changes; Windfalls from Investments in Urban Infrastructure; The Principals of Value Capture; The Growing Popularity of Value Capture Policies and Tools; Chapter 2: International and Latin American Experiences; Historical Precedents; Enabling Legislation; Applications to Public Lands; Selected Value Capture Tools; Chapter 3: The Property Tax and Betterment Contributions; The Property Tax
Betterment ContributionsChapter 4: Exactions and Charges for Building Rights; Exactions; Charge for Building Rights; The Use of OODC in Brazil; Transfer of Development Rights; Chapter 5: Value Capture Tools for Large Urban Redevelopment Projects; Privatizing Public Land for Redevelopment: Puerto Madero, Buenos Aires; Public Acquisition of Private Land: Nuevo Usme, Bogota; Land Readjustment; Auctioning Additional Building Rights: CEPACs in Brazil; Chapter 6: Conclusions and Recommendations; Key Findings and Lessons; Recommendations; Acknowledgements; References; About the Author
Summary
This report provides a review of land value capture's antecedents in Latin America and itslongstanding presence in the urban planning agenda. It also examines a variety of landvalue capture instruments including: property taxation and betterment contributions;exactions and charges for building rights; and large-scale approaches such as thedevelopment of public land through privatization or acquisition
