JOINT DEVELOPMENT: INSTITUTIONAL CONSTRAINTS AND POTENTIALS

The need and the opportunity to achieve joint development of various transportation facilities and such facilities and land use are now greater than ever. However, if joint development is to occur on a significant scale, a number of financing, organizational, legal, and other institutional techniques must be developed and applied. A recent amendment to the National Mass Transportation Assistance Act of 1974 appears to be a step in the right direction. A number of other steps, some of which are described in this paper, should be pursued. For example, legislation should be pursued. For example, legislation should be adopted by states that will permit agencies and corporations to undertake developments that span several modes or functions. In many situations, too, legislation is needed to permit "tax increment" and other innovative forms of financing to be used to stimulate needed development. It is important that further work be done soon to refine these techniques so that they can be applied to the many highway, rail, transit, airport, and similar projects where they are needed.

Media Info

  • Media Type: Print
  • Features: References;
  • Pagination: pp 12-17
  • Monograph Title: Transportation and land development policy
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00134878
  • Record Type: Publication
  • ISBN: 0309024757
  • Files: TRIS, TRB
  • Created Date: Sep 4 1981 12:00AM