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Posts Tagged ‘David M. Levinson’

Access for Value: Financing Transportation Through Land Value Capture

Monday, May 9th, 2011
Figure 3

Accessibility is the ease of reaching valued destinations, such as jobs, shops, schools, entertainment, and recreation. As such, accessibility creates value. Capturing some of this value would allow state and local governments to invest in the operations, maintenance, and in some cases expansion of their transportation networks. Accessibility, as an outcome-oriented metric, can effectively assess transportation’s economic impact, and capturing the value of accessibility would help states and metropolitan areas develop sustainable transportation funding streams.

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