A new look at value capture in Latin America
Many countries in Latin America have passed legislation that supports value capture policies as a way to recoup some or all the unearned increase in private land values resulting from public regulations or investments. Thus far, however, only a few jurisdictions in certain countries have applied this potentially powerful financing tool systematically and successfully. In 2011 and 2012 the Lincoln Institute of Land Policy surveyed public officials and academics in the region to discover why value capture has not been used more often. Read more.