Using Value Capture Strategies to Finance Transportation Infrastructure

Funding for the construction and maintenance of the infrastructure in the United States is insufficient and public officials have looked for new mechanisms to finance such projects. Value capture financing is one such new approach and involves public-private partnerships. Passenger facility charges can be collected from passengers. Developers can pay extra assessments in return for concessions, such as allowing larger buildings. Examples of value capture financing in the Transbay Transit Center project in San Francisco and the Hudson Rail Yards Development project in New York are described. Though the method is a promising one, the challenge lies in ensuring the private investors that their rate of return will be profitable.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Photos;
  • Pagination: pp 20-25
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01489143
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Jul 18 2013 7:37PM