The Need for Land Value Capture in Infrastructure: the case of the Tappan Zee Bridge

Public infrastructure has long been financed through direct government budgetary appropriation, grants, and government borrowing.  The long-term debts have typically been repaid from revenues generated by the asset through user charges, or from the general taxing power of the government.  With an increasingly high demand for infrastructure investments, and limited resources to achieve them, other… Continue Reading The Need for Land Value Capture in Infrastructure: the case of the Tappan Zee Bridge