Value Capture, or the recovery of private revenues due to transit investment, is becoming an important aspect of public transportation financing. The exploitation of private development and partnerships is one option that transit agencies have when faced with possible funding reductions from local or federal sources; a real threat in today’s environment. When done successfully, value capture can fund 20%-50% of a project’s capital costs, and supplement traditional funding sources such as local sales/property taxes, state and federal grants, bonds, and government loan programs (such as TIFIA and RRIF).
APTA’s two policy briefs layout the key takeaways on transit value capture and provide appropriate examples of usage.
