Value Capture: Making the Business and Economic Case–A Primer

January 2022

TABLE OF CONTENTS

LIST OF FIGURES

LIST OF TABLES

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LIST OF ACRONYMS AND ABBREVIATIONS

AP P3

availability payment public-private partnership

AV

assessed value

BAD

benefits assessment district

B/E

business/economic

BID

business improvement district

BRT

bus rapid transit

CBA

community benefits agreement

CBD

central business district

CDA

comprehensive development agreement

CFD

community facilities district

CID

community improvement district

CIP

capital improvement program

CTOD

Center for Transit-Oriented Development

DA

development agreement

DIF

developer impact fee

DOT

Department of Transportation

DU

dwelling unit

EIFD

enhanced infrastructure financing district

FAR

floor area ratio

FHWA

Federal Highway Administration

FTA

Federal Transit Administration

GHG

greenhouse gas

GP

general plan

HH

household

HRT

heavy rail transit

IDC

intersection development charge

ITE

Institute of Transportation Engineers

JDA

joint development agreement

LACMTA

Los Angeles County Metropolitan Transportation Authority (“LA Metro”)

LAX

Los Angeles International Airport

LID

local improvement district

LRT

light rail transit

MPC-SP

Metropolitan Planning Council—St. Paul

MPO

metropolitan planning organization

NPV

net present value

OA

opportunity area

P3

public-private partnership

PH

peak hour

PPIC

Public Policy Institute of California

PSRC

Puget Sound Regional Council

RIF

road impact fee

ROW

right of way

RR P3

revenue risk public-private partnership

SAD

special assessment district

SDC

system development charge

SF

square feet

SP

specific plan

SSA

special service area

TAD

tax allocation district

TDD

transportation development district

TDR

transfer of development right

TID

transportation improvement district

TIF

tax increment financing; traffic impact fee

TOD

transit-oriented development

TRA

tax rate area

TRZ

transportation reinvestment zone

TUF

transportation utility fee

URA

urban renewal area

VC

value capture

VMT

vehicle-miles traveled

 

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