Land Value Capture Study:
Paying for Transit Oriented Communities
2023
The Infrastructure Institute has launched a study to examine the potential to capture increased land value resulting from new transit infrastructure. This model can accelerate the development of the critical public infrastructure at the heart of transit-oriented communities.
Land value capture allows governments to reclaim a portion of increases in land value due to public investment and to reinvest the revenue for community benefit.
The study identifies various land value capture tools, document the policy landscape, and examine what’s possible in terms of revenue flows to fund high-quality public services.
Canadian cities are engaged in the biggest transit infrastructure development boom in a generation. These projects should lead to communities that are dense and mixed use, with affordable housing, schools, recreation centres, libraries, daycares, and parks, and that feature employment opportunities both during construction and after completion.
This study is supported by the Canada Infrastructure Bank.